Inflation, nominal interest rates, and real rates._The_Republic_of New South_Brazillia,_a_small,_developing_island_country_in_South_Central_ America,_is_experiencing_a_very_high_inflation_rate at this time. The annual_inflation_rate is_40%._If the real rate of_interest_is_2%,_what nominal_interest_rate must the_residents_of New South_Brazillia_get to stay ahead of_inflation_and still have_a_reward for_waiting?
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