Suppose you borrow $2000 for one year and at the end of the year you repay the $2000 plus $110 of interest.The expected inflation rate was 2.2% at the time you took out the loan,but the actual inflation rate turned out to be 3.3%.What was the actual real interest rate you paid?
A) 2.2%
B) 3.3%
C) 5.5%
D) 8.8%

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The Answer of Suppose you borrow $2000 for one year and at the end of the year you repay the $2000 plus $110 of interest.The expected inflation rate was 2.2% at the time you took out the loan,but the actual inflation rate turned out to be 3.3%.What was the actual real interest rate you paid?
A) 2.2%
B) 3.3%
C) 5.5%
D) 8.8%

Suppose You Borrow $2000 for One Year and at the End