Given it = 10%, P₁ = 120.0, Pt+1 = 129.6 and Pt+ = 130.8, calculate the expected real interest rate in period t: The expected real interest rate = percentage to one decimal place). % (enter your response as a

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter13: Inflation
Section: Chapter Questions
Problem 12SQ
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Given it = 10%, P = 120.0, P+1 = 129.6 and P+₁ = 130.8, calculate the
t+1
expected real interest rate in period t:
The expected real interest rate =
percentage to one decimal place).
% (enter your response as a
Transcribed Image Text:Given it = 10%, P = 120.0, P+1 = 129.6 and P+₁ = 130.8, calculate the t+1 expected real interest rate in period t: The expected real interest rate = percentage to one decimal place). % (enter your response as a
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