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a bank lends money for a year at an interest rate of 7%, and the inflation rate for that year turns out to be 5%. what is the bank's real rate of return for that year?
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Aug 11, 2023
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a bank lends money for a year at an interest rate of 7%, and the inflation rate for that year turns out to be 5%. what is the bank's real rate of return for that year?
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Yedetta
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the banks real rate of return that year is 2% !!
Siamaster
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Aug 15, 2023
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