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Business, 18.12.2019 03:31 harringtonrob16

Shawn puts money into an account. one year later he sees that he has 6 percent more dollars and that his money will buy 5 percent more goods. a. the nominal interest rate was 11 percent and the inflation rate was 5 percent. b. the nominal interest rate was 6 percent and the inflation rate was 5 percent. c. the nominal interest rate was 5 percent and the inflation rate was -1 percent. d. the nominal interest rate was 6 percent and the inflation rate was 1 percent.

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Shawn puts money into an account. one year later he sees that he has 6 percent more dollars and that...
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