If the Real Interest Rate Is 3 Percent and the Inflation

question 142

Multiple Choice

If the real interest rate is 3 percent and the inflation rate is 2 percent, the nominal interest rate is approximately

• A) 1.5 percent.
• B) 5 percent.
• C) 1 percent.
• D) - 1 percent.

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Definitions:

Kohlberg

Refers to Lawrence Kohlberg, an American psychologist best known for his theory of stages of moral development.

Stealing Behavior

The act of taking someone else’s property without permission or legal right and without intending to return it, recognized as a violation of social norms and laws.

Gilligan's Approach

An ethical theory and approach to moral development emphasizing the importance of relationships, care, and empathy, developed by Carol Gilligan.

Justice Perspective

A viewpoint in ethics or moral philosophy that emphasizes fairness, equity, and impartiality in the administration of justice.