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alasyachristine alasyachristine
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5 years ago
Suppose that, initially, the nominal interest rate is 6 percent and the inflation rate is 3 percent. If the inflation rate increases to 6 percent, what will be the new nominal interest rate?
A) 6 percent
B) 1 percent
C) 11 percent
D) 9 percent
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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blo23blo23
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#1
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5 years ago
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