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Gideon123 Gideon123
wrote...
Posts: 524
4 years ago
If the nominal interest rate is 2 percent and the inflation rate is 4 percent, then the real rate of interest is

▸ -2 percent.

▸ 2 percent.

▸ 3 percent.

▸ 6 percent.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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Answer verified by a subject expert
aishasuaishasu
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Posts: 407
4 years ago
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Gideon123 Author
wrote...

4 years ago
Thanks
wrote...

Yesterday
You make an excellent tutor!
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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