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When Jade made a loan to his brother Floyd, he charged an interest rate of 8 percent and expected inflation to be 4.5 percent. From

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When Jade made a loan to his brother Floyd, he charged an interest rate of 8 percent and expected inflation to be 4.5 percent. From this we can guess Jade wanted a real return of percent. (Enter your answer "as a percent, but without the percentage sign." In other words, if Jade wanted a real interest rate of 99.99 percent, enter 99.99 in the blank.) Question 13 3 pts Readings for class referred to a situation where the Fed can bring down inflation without causing a recession as "a dream we don't have the luxury of dreaming" "a hawkish approach" "a soft landing" "an example of crowding out" Question 14 3 pts Everything else equal, as inflation rises the purchasing power of the dollar and, to get the same real rate of interest, lenders will have the set the nominal interest rate

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