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NYC NYC
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8 years ago
Sonya wants to make an 7% real return on a loan that she is planning to make, and the expected inflation rate during the period of the loan is 7%. She should charge an interest rate of:
A) 7%.
B) 3.5%.
C) 14%.
D) 0%.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Good answer, thanks.
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