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Title: If the CPI is 170 at the beginning of the year and 181 at the end, and a bank is paying a nominal in Post by: Loraine on Jun 21, 2015 If the CPI is 170 at the beginning of the year and 181 at the end, and a bank is paying a nominal interest rate of 6 percent, we see that
A) the real interest rate is negative. B) the interest nominal rate is negative. C) the real interest rate is positive and is less than 1 percent. D) the real interest rate is positive and is larger than 1 percent. E) the real interest rate is equal to zero. Title: Re: If the CPI is 170 at the beginning of the year and 181 at the end, and a bank is paying a nomina Post by: Chimelo46 on Jul 16, 2015 Content hidden
Title: Re: If the CPI is 170 at the beginning of the year and 181 at the end, and a bank is paying a nominal in Post by: Chimelo46 on Aug 31, 2015 The textbook reference in your signature really helped me narrow it down.
Happy to help ;) |