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Mathematics, 14.12.2019 00:31 ofmiceandkj1

Joyce's investments earn 5% nominal annual return right now while the inflation rate is at 1%. if inflation increases to 5%, it is likely that the nominal rate will

a.

stay the same

b.

decrease

c.

increase

d.

approach the real rate

ansver
Answers: 2

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Joyce's investments earn 5% nominal annual return right now while the inflation rate is at 1%. if in...
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