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Author Question: If the nominal interest rate is less than the rate of inflation, the real interest rate: a. will be ... (Read 7 times)

cherise1989

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on: Jun 30, 2018
If the nominal interest rate is less than the rate of inflation, the real interest rate:
 a. will be less than zero.
  b. will be equal to the nominal interest rate.
  c. will equal zero.
  d. will be greater than zero.
  e. will be equal to the rate of inflation.

Question 2

To be a positive economic statement, an assertion must be true.
 a. True
  b. False
  Indicate whether the statement is true or false


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jharrington11

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

False


cherise1989

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Dinolord

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Reply 3 on: Yesterday
Excellent

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