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Home Q & A Board Other Fields Homework Help Business Economics
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Sublight2097 Sublight2097
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Posts: 4132
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9 years ago
If the nominal interest rate is held constant, a higher inflation rate tends to
A) reduce the real interest rate.
B) increase the real interest rate.
C) leave the real interest rate unchanged.
D) have no effect on the savings decisions of households.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 297 times
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DropxDropx
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#1
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Posts: 1991
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9 years ago
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Sublight2097 Author
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#2
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
#3
8 years ago
Thanks for the feedback Slight Smile
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