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Economics

1. Given the nominal interest rate of 17?% and the expected inflation of 13?%, then the value of the real interest rate is ___ ?

2. with the real interest rate equal to 3?% and the expected inflation equal to 4?%, then the value of the nominal interest rate is___?

3. A lender prefers a (high or lower) real interest rate while a borrower prefers a (higher or lower) real interest rate higher lowreal interest rate.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91720287

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