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Suppose that the nominal interest rate in Slovenia is 6.5%. In addition, the inflation rate is equal to 10.4%.

Given this information, what is the real interest rate in Slovenia?

%

 

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Suppose that the price of Pineapples in 1978 is $0.2 and in 1997 it is $3. In addition, you also know that the CPI in 1978 is 150 and in 1997 it is 120.

Given this information, what is the real value of Pineapples in 1978?

 

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Suppose that the price of Avocados in 1975 is $0.9 and in 2003 it is $1.4. In addition, you also know that the CPI in 1975 is 130 and in 2003 it is 120.

Given this information, what is the real value of Avocados in 2003?

 

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Suppose that the price of Avocados in 1975 is $0.8 and in 2002 it is $0.9. In addition, you also know that the CPI in 1975 is 240 and in 2002 it is 220.

Given this information, what is the change in the real value of Avocados between 1975 and 2002.

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Suppose that a typical doctor earned 49000 in 1964. In addition, you know that in 1983 a typical doctor earns 99000. Finally, you also know that the CPI in 1964 is 110 and in 1983 is 230.

Given this information, doctor's 1964 salary in 1983 dollars is:

$

 

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Suppose that a typical accountant earned 28000 in 1960. In addition, you know that in 1991 a typical accountant earns 58000. Finally, you also know that the CPI in 1960 is 80 and in 1991 is 270.

Given this information, accountant's 1991 salary in 1960 dollars is:

$

 

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Suppose that a typical professor earned 28000 in 1972. In addition, you know that in 2011 a typical professor earns 97000. Finally, you also know that CPI in 1972 is 210 and in 2011 is 240.

Given this information, the salary of a typical professor in 2011 relative to 1972 is:

 

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The price index was 170 in one year and 240 in the next.

What is the inflation rate?

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