K The nominal interest rate is 3 percent a year and the real interest rate is 6 percent a year. What is the inflation rate? The inflation rate is percent a year. >>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign.
K The nominal interest rate is 3 percent a year and the real interest rate is 6 percent a year. What is the inflation rate? The inflation rate is percent a year. >>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign.
Chapter13: Inflation
Section: Chapter Questions
Problem 7SQP
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The nominal interest rate is 3 percent a year and the real interest rate is 6 percent a year.
What is the inflation rate?
The inflation rate is percent a year.
>>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign.
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