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edelynpl edelynpl
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A year ago
If the nominal interest rate increases without any change in the rate of inflation in an economy, ________.

▸ the ratio of real interest rate to nominal interest rate increases

▸ the real interest rate in the economy decreases

▸ the real interest rate in the economy increases

▸ the real interest rate in the economy remains the same
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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elacevedoelacevedo
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A year ago
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edelynpl Author
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A year ago
You make an excellent tutor!
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This site is awesome
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Helped a lot
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