Business, 07.04.2020 19:23 ksspiegler

Suppose that the nominal interest rate is 7 percent and the real interest rate is 5 percent. Instructions: Round your answers to the nearest whole number. a. What is the inflation premium? (in percentage)

Given the level of inflation, how many years would it take for the price level to double?

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Suppose that the nominal interest rate is 7 percent and the real interest rate is 5 percent. Instruc...