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1. given the nominal interest rate of 17% and the expected inflation of 13%, then the value of the real interest rate is ?
2. with the real interest rate equal to 3% and the expected inflation equal to 4%, then the value of the nominal interest rate
3. a lender prefers a (high or lower) real interest rate while a borrower prefers a (higher or lower) real interest rate higher lowreal interest rate.
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