The Real Rate of Interest Is the

question 288

Multiple Choice

The real rate of interest is the

• A) nominal rate of interest minus the anticipated rate of inflation.
• B) current rate actually paid by the borrower.
• C) difference between the bank's lending and savings rates.
• D) current rate which the government pays on its debt.

---

Definitions:

HNO3

Nitric acid, a highly corrosive and toxic strong acid used in the production of fertilizers, explosives, and in the production of other chemicals.

Reactivity

The inclination of a material to participate in chemical changes, alone or in combination with other elements, leading to the liberation of energy.

Chlorine

A highly reactive, greenish-yellow gaseous element used in water purification and the production of numerous chemicals.

Aluminum Chloride

A chemical compound with the formula AlCl3, widely used in the chemical industry as a catalyst and as a component in a variety of chemical reactions.