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The nominal rate is 3.7% and the real rate is 1.1%. What is the expected rate of inflation? a. 2.60% b. 2.72% c. 2.57% d.

The nominal rate is 3.7% and the real rate is 1.1%. What is the expected rate of inflation?

a. 2.60%

b. 2.72%

c. 2.57%

d. 2.46%

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