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Loraine Loraine
wrote...
Posts: 4563
8 years ago
The real interest rate equals the
A) nominal interest rate multiplied by 100.
B) nominal interest rate divided by 100.
C) nominal interest rate minus the inflation rate.
D) inflation rate minus the nominal interest rate.
E) nominal interest rate divided by the inflation rate and then multiplied by 100.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 247 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
Chimelo46Chimelo46
wrote...
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Posts: 5641
8 years ago
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wrote...
8 years ago
The textbook reference in your signature really helped me narrow it down.

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