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What the approximate real interest rate is

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Reference no: EM132964980

Problem 1: According to the Fisher Equation, given an expected inflation rate of 1.5% and a nominal interest rate of 4.5%, the approximate real interest rate is:

Multiple Choice

Option 1: 3.0%

Option 2: 1.5%

Option 3: 4.5%

Option 4: 6.0%

Reference no: EM132964980

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