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ellie425 ellie425
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A year ago
If the nominal interest rate in an economy is 4 percent and the real interest rate in the economy is 2 percent, the rate of inflation in the economy must be ________.

▸ 4 percent

▸ −2 percent

▸ 0.5 percent

▸ 2 percent
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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catdastercatdaster
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A year ago
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ellie425 Author
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A year ago
This site is awesome
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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this is exactly what I needed
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