Given that the nominal interest rate is 8.50% and inflation is is 3.25% calculate the rela interest rate.
If the inflation rate increases to 3.75% which group benefits?
Asked by Anonymous at 7:51 AM on Nov. 21, 2012 in Back To School
Answer by m-avi at 9:38 PM on Nov. 24, 2012Credits: 257887 Level 47 Back To School 101
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