The Nominal Interest Rate Is 3 Percent and the Inflation

question 16

Multiple Choice

The nominal interest rate is 3 percent and the inflation rate is 2 percent. What is the real interest rate?

• A)6 percent
• B)5 percent
• C)1.5 percent
• D)1 percent

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Definitions:

Sensillum

Sensillum refers to any of various simple sensory organs or structures, especially in insects, for detecting changes in the environment.

Dendrites

Extensions of neurons that receive signals from other neurons or sensory inputs.

Compound Eye

An eye, such as that of an insect, consisting of many light-sensitive units called ommatidia.

Vertebrate Eye

The complex visual organ in vertebrates that allows vision and is typically adapted to the environmental light conditions of the organism.