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Indeed, the real rate can prove to be markedly higher.
The real rate rises and the economy slows sharply.
The real rate required to raise demand enough to balance investment and saving is called the equilibrium real rate.
But that doesn't mean that the "real rate" is 10.3percentnt.
With inflation at about 1.5percentthathat is not a bad real rate of return.
Mr Porter also proposed the "introduction of a real rate of interest" for student loans.
Inflation must be subtracted to know the "real" rate of wage growth.
There are no basic economic statistics here, so nobody knows the real rate of unemployment.
For some people the net real rate of tax on capital gains could still be zero.
The official unemployment rate has already risen to 23.5%; the real rate is much higher.
Most analysts put the real rate at close to double that.
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