Given the following data, calculate the approximate real interest rate for years 2, 3, and 4. (Assume that 0each CPI number tells us the price level at the end of each year.) 11eb7367_8ac5_1780_9c10_0f832fe5e25a_SM2831_00 If you lent $200 to a friend at the beginning of year 2 at the prevailing nominal interest rate of 15 percent, and your friend returned the money, with the interest, at the end of year 2, did you benefit from the deal?

Macroeconomics 6th Edition by Robert Hall,Marc Lieberman

النسخة 6الرقم المعياري الدولي: 978-1111822354

Macroeconomics 6th Edition by Robert Hall,Marc Lieberman

النسخة 6الرقم المعياري الدولي: 978-1111822354

تمرين 7

Given the following data, calculate the approximate real interest rate for years 2, 3, and 4. (Assume that 0each CPI number tells us the price level at the end of each year.)

If you lent $200 to a friend at the beginning of year 2 at the prevailing nominal interest rate of 15 percent, and your friend returned the money, with the interest, at the end of year 2, did you benefit from the deal?

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The real interest rate is calculated by ...