Answer to Question #224313 in Economics for Syed Azhar hussain

Question #224313

Suppose you buy a $100 government bond that is due next year. How much nominal interest will 

you receive if inflation is 4 percent over the year and the bond promises a real return of 3 percent? 


1
Expert's answer
2021-08-09T06:49:38-0400
"3-4=-1"

"100\\times0.99=99"


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