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    Foundations of Macroeconomics Study Set 1
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    Exam 12: Money, Interest, and Inflation
  5. Question
    If the Real Interest Rate Is 3 Percent and the Inflation
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If the Real Interest Rate Is 3 Percent and the Inflation

Question 5

Question 5

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If the real interest rate is 3 percent and the inflation rate is 2 percent, what is the nominal interest rate?

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