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The nominal interest rate is 8% and the inflation rate is 3%. Using the approximation relationship for the Fisher effect, what is the real interest

The nominal interest rate is 8% and the inflation rate is 3%. Using the approximation relationship for the Fisher effect, what is the real interest rate? A) -5.85% B) 5.85% C) 11%. OD 5%. E) 4.85%

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