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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 7.03%, 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 7.03%, and the inflation rate is 3.47%, 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. Question 50 5 pts If the nominal interest rate in an economy is always constant at a rate of 10.26% and the CPI for the same economy is 250.7 in 2018 and 263.44 in 2019, what is the real interest rate for this economy in the year 2019? Please enter your answer rounded to the nearest two decimal places and do not include the percentage sign (%). For example, if your answer is 1.258%, you would enter 1.26
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