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19.12.2021 •
Mathematics
Suppose that the nominal interest rate is 8 percent and the real interest rate is 4 percent. Instructions: In part a, enter your answer as a whole number. In part b, round your answer to the nearest whole number. a. What is the inflation premium? 4 Numeric Response 3. Edit Unavailable. 4 correct. percent b. Given the level of inflation, how many years will it take for the price level to double? 160 Numeric Response 4. Edit Unavailable. 160 incorrect. years
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