Suppose the Australian Interest Rate Is 6 Per Cent and the World

question 112

Multiple Choice

Suppose the Australian interest rate is 6 per cent and the world interest rate is 5 per cent. The Australian interest differential is

• A)1 per cent.
• B)- 1 per cent.
• C)1.2 per cent.
• D)- 0.83 per cent.

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