Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
wilcoxj49 wilcoxj49
wrote...
Posts: 115
Rep: 0 0
A year ago
A firm takes a 2-year loan at a nominal interest rate of 8 percent. It believes that the inflation rate will be 4 percent this year and 2 percent next year. What annual average real interest rate does the firm expect to pay?

▸ 2 percent

▸ 3 percent

▸ 4 percent

▸ 5 percent
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 123 times
1 Reply
Replies
Answer verified by a subject expert
KFordKFord
wrote...
Posts: 117
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wilcoxj49 Author
wrote...

A year ago
This site is awesome
wrote...

Yesterday
This helped my grade so much Perfect
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  829 People Browsing
 107 Signed Up Today
Related Images
  
 250
  
 1069
  
 276
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741