If the nominal interest rate is 7.9 percent and the inflation rate is 3.0 percent, the real interest rate is _______________ percent.
Real interest rate=Nominal interest rate-Inflation.
Real interest rate=7.9-3.0=4.9%
Answer-4.9%
If the nominal interest rate is 7.9 percent and the inflation rate is 3.0 percent, the real interest rate is ___________...
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