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4. Inflation and interest rates The following table shows the avenge nomeal interest nates on six-
month Treasury bilis between 1971 and 1975 , which determined the naminal interest rate that
the U.S. goverment paid when it bsued debt in those years. The table also shows the inflaton rate
for the years 1971 to 1975. (All mates are rounded to the nearest tenth of a percent.) Complete
the ahe by calculating the real interest rates for the years 1971 to 1975. Acoording to the table, in
which year did burers of six-month Treasury bills recelve the highest read neurn on their
inveutrient? 1971 1972 1073 1974 1975

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  • 1. 4. Inflation and interest rates The following table shows the avenge nomeal interest nates on six- month Treasury bilis between 1971 and 1975 , which determined the naminal interest rate that the U.S. goverment paid when it bsued debt in those years. The table also shows the inflaton rate for the years 1971 to 1975. (All mates are rounded to the nearest tenth of a percent.) Complete the ahe by calculating the real interest rates for the years 1971 to 1975. Acoording to the table, in which year did burers of six-month Treasury bills recelve the highest read neurn on their inveutrient? 1971 1972 1073 1974 1975