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Microeconomics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
Edition 15ISBN: 978-1285453569Microeconomics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
Edition 15ISBN: 978-1285453569 Exercise 7
*If the money rate of interest on a low-risk government bond is 10 percent and the inflation rate for the last several years has been steady at 4 percent, what is the estimated real rate of interest
Explanation
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The "real rate of interest" is the rate ...
Microeconomics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
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