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pirex pirex
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Posts: 634
7 years ago
If your bank pays you 6% interest on a savings account and inflation is 2%, your approximate real rate of interest is
A) 2%.
B) 4%.
C) 8%.
D) 12%.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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TecShdwTecShdw
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7 years ago
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