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Mathematics, 23.06.2019 09:00 jfarley259

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

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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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