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05.02.2023 12:44
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Assume that Avery takes out a loan when the nominal interest rate is 7 and the expected
Assume that Avery takes out a loan when the nominal interest rate is 7 and the expected inflation rate is 3%. If the actual inflation rate is 5%, what is the real interest rate Avery pays on the loan?
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hazelg
4,7(77 marks)
The Indians were displaced from their tribal lands.
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