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You borrow $10,000 from a bank for one year at a nominal interest rate of 5%. If inflation over the year is 2%, what is
You borrow $10,000 from a bank for one year at a nominal interest rate of 5%. If inflation over the year is 2%, what is the real interest rate you are paying?
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Essentials Of Mis
Authors: Kenneth Laudon
8th Edition
1292153776, 9781292153773
