If the Nominal Interest Rate Is 11 Percent and the Inflation

question 58

Multiple Choice

If the nominal interest rate is 11 percent and the inflation rate is 9 percent, then the real interest rate is approximately

• A) 2 percent.
• B) 18 percent.
• C) 4 percent.
• D) 20 percent.

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Definitions:

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Medicinal products and practices using plant materials and extracts, often employed in traditional and alternative medical systems.

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An individual’s perception of their own value or worth as a person.