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campario campario
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7 years ago
If the real interest rate is 5%, the rate of inflation in the United States is 6%, and the rate of inflation in the United Kingdom is 3%, which of the following statements would NOT be true?
A) The nominal rate of interest in the U.S. would be greater than the nominal interest rate in the U.K.
B) The difference between the U.K. and U.S. interest rates is a function of the difference between their inflation rates.
C) The nominal rate of interest in the United States and the United Kingdom would be the same because of purchasing power parity.
D) Investors would get a higher return on their money in the United States.
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International Business

International Business


Edition: 15th
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International Business Student!
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KitechiKitechi
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7 years ago
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campario Author
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7 years ago
Thanks
Starfiew
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Yesterday
Thank you, thank you, thank you!
jaray75
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2 hours ago
this is exactly what I needed
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