An investor loaned money at 14 percent with an expected rate of inflation of 8 percent. During the year the actual rate
Posted: Sun Jul 03, 2022 12:53 pm
An investor loaned money at 14 percent with an expected rate of inflation of 8 percent. During the year the actual rate of inflation was 11 percent. The investor's expected ex-ante real rate of interest was approximately and the realized ex-post real rate for the investor was approximately___________?