
Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn
Edition 18ISBN: 9780073365954
Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn
Edition 18ISBN: 9780073365954 Exercise 15
WHAT ARE THE CURRENT NOMINAL AND REAL INTEREST RATES Go to www.federalreserve.gov (Research and Data; Statistics: Releases and Historical Data; Selected Interest Rates) and www.bankrate.com to update the interest rates in Table 14.2 to their latest recorded values. In what direction, if any, have the interest rates changed Find the current annual rate of inflation at www.bls.gov/cpi (Latest Numbers; CPI-U, U.S. City Average, All Items, 12-months ending with the last month). Subtract this annual rate of inflation from your updated interest rates in the table to determine the real interest rates in each category.
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Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn
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