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You are given the following information about the economy: the nominal interest rate = 10 percent, and the real rate of interest = 9 percent.
You are given the following information about the economy: the nominal interest rate = 10 percent, and the real rate of interest = 9 percent. The inflation premium is
Multiple Choice
- 1 percent.
- 19 percent.
- 10 percent.
- 2 percent.
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
