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    Nominal interest rate

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    If the real interest rate is 5%, the U.S. inflation rate is at 3%, and the inflation rate of the euro area (the countries that use the euro) is at 4%, what are the nominal interest rates for both the United States and the euro area?

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    https://brainmass.com/economics/inflation/nominal-interest-rate-455191

    Solution Preview

    The real interest rate is the nominal rate of interest minus inflation. Stated another ...

    Solution Summary

    Finding the nominal interest rates from inflation and real interest rates.

    $2.19