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Business, 24.10.2019 03:50 UsedForSchool2018

You observe that the current interest rate on short-term u. s. treasury bills is 4.23 percent. you also read in the newspaper that the gdp deflator, which is a common macroeconomic indicator used by market analysts to gauge the inflation rate, currently implies that inflation is 1.2 percent. what is the approximate real rate of interest on short-term treasury bills? (enter your answer as a percent rounded to 2 decimal places. omit the "%" sign in your response.)

approximate real rate %

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You observe that the current interest rate on short-term u. s. treasury bills is 4.23 percent. you a...

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