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Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder
Edition 12ISBN: 978-1133189022Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder
Edition 12ISBN: 978-1133189022 Exercise 6
Does a real interest rate of 1 or 2 percent seem low to you? Would you be willing to buy an investment that promised such a return? If not, how can the historical returns be so low given that the market for, say, government bonds must be in equilibrium?
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The real interest rates of 1-2% seem ver...
Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder
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