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Sublight2097 Sublight2097
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Posts: 4132
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8 years ago
Suppose the nominal interest rate is 4% and the rate of inflation is 3%. The real interest rate is therefore
A) 7%.
B) 1%.
C) 0%.
D) -1%.
E) none of the above.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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#1
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8 years ago
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Sublight2097 Author
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#2
8 years ago
Another one in the books, marking it solved.
wrote...
#3
8 years ago
Happy to help, let me know if you have any more requests.
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