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The real rate of interest is 1% and the expected rate of inflation is 2.97%. What is the nominal rate of interest? Express your answer
The real rate of interest is 1% and the expected rate of inflation is 2.97%. What is the nominal rate of interest? Express your answer in percentage form
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Housing Policy And Finance
Authors: John Black, David Stafford
1st Edition
0415004195, 978-0415004190
