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You're given some information about an economy. If the current unemployment rate is 6/1%, the nominal interest rate is 5.67%, and the inflation rate is
You're given some information about an economy. If the current unemployment rate is 6/1%, the nominal interest rate is 5.67%, and the inflation rate is 3.42%, what is the real interest rate in this economy?Please round to the nearest two decimal places and do not include the percentage sign (%) in your answer. For example, if your answer is 34.652% you would enter 34.65.
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