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Calculate the value of real interest rate in the Economy. The value of nominal interest rate is 5% and the inflation is 3.2%

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment

Section: Chapter Questions

Problem 9WNG

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Calculate the value of real interest rate in the Economy. The value of nominal interest rate is 5% and the inflation is 3.2%

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