The table shows the nominal interest rate and inflation rate in Japan for three years. Calculate the real interest rate for each year and complete the table. >>> Answer to 2 decimal places. Screenshot attached below

The table shows the nominal interest rate and inflation rate in Japan for three years. Calculate the real interest rate for each year and complete the table. >>> Answer to 2 decimal places. Screenshot attached below

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The table shows the nominal interest rate and inflation rate in Japan for three years. Calculate the real interest rate for each year and complete the table.

>>>

Answer to 2 decimal places.

Screenshot attached below

The table shows the nominal interest rate and inflation rate in Japan for three
years. Calculate the real interest rate for each year and complete the table.
Year
2016
2017
2018
Inflation
Nominal interest rate rate Real interest rate
(percent per year)
0.03
0.15
0.01
>>> Answer to 2 decimal places.
-0.1
0.5
1.0
Type
Type
Type

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