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minty_icy minty_icy
wrote...
Posts: 202
6 years ago
If people expect an inflation rate of 3.3 percent, and the real interest rate is 3 percent, the nominal interest rate equals (approximately)
A) 0.3 percent.
B) 8.6 percent.
C) 6.3 percent.
D) 9.9 percent.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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1 Reply
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Answer verified by a subject expert
riptideriptide
wrote...
Posts: 126
6 years ago
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minty_icy Author
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6 years ago
Thanks
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Thanks
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2 hours ago
Smart ... Thanks!
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