kaitlin wants to earn a real rate of interest of at least 4 percent and she is expecting inflation to be exactly 3 percent. what is the lowest nominal interest rate that kaitlin would be willing to accept from her local bank?

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07-12-2022
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kaitlin wants to earn a real rate of interest of at least 4 percent and she is expecting inflation to be exactly 3 percent. what is the lowest nominal interest rate that kaitlin would be willing to accept from her local bank?

Sagot :

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