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  3. Study Set
    Principles of Economics Study Set 8
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    Exam 30: Money Growth and Inflation
  5. Question
    If the Inflation Rate Was 10%, and the Tax Rate
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If the Inflation Rate Was 10%, and the Tax Rate

Question 124

Question 124

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If the inflation rate was 10%, and the tax rate was 25%, and you deposited money in a bank account that paid 14%, what is after tax real interest rate? Show you work.

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