[Answered] If the real interest rate is 3 and the inflation rate is 6, the nominal interest rate is a. 2 b. 3 ...

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Author Question: If the real interest rate is 3 and the inflation rate is 6, the nominal interest rate is a. 2 b. 3 ... (Read 141 times)

Chelseaamend

Hero Member
Posts: 545

on: Jun 30, 2018

If the real interest rate is 3 and the inflation rate is 6, the nominal interest rate is
a. 2
b. 3
c. 9
d. 18

Question 2

If the nominal interest rate is 3 and the inflation rate is 6, the real interest rate is
a. 2
b. 3
c. -3
d. 9

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ciecieme

Sr. Member
Posts: 331

Reply #1 on: Jun 30, 2018

Answer to Question 1

c

Answer to Question 2

c

Chelseaamend

Member
Posts: 545

Reply 2 on: Jun 30, 2018

Great answer, keep it coming

atrochim

Member
Posts: 331

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

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