Business, 30.10.2021 14:00, monsurviky

You observe that the current interest rate on short-term U. S. Treasury bills is 4.93 percent. You also read in the newspaper that the GDP deflator, which is a common macroeconomic indicator used by market analysts to gauge the inflation rate, currently implies that inflation is 1.7 percent. What is the approximate real rate of interest on short-term Treasury bills

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You observe that the current interest rate on short-term U. S. Treasury bills is 4.93 percent. You a...