If the Real Interest Rate Is 3% and the Inflation

question 29

Multiple Choice

If the real interest rate is 3% and the inflation rate is 7%, then the nominal interest rate equals:

• A)3%.
• B)4%.
• C)7%.
• D)10%

---

Definitions:

Media Kits

A package of promotional materials provided to potential advertisers or journalists, containing information and statistics about a media outlet.

PR Tactic

A specific action or strategy implemented as part of a public relations campaign to influence public perception or behavior.

Tourists

Individuals who travel to and explore places outside their usual environment for leisure, business, or other purposes, contributing to the local economy.

Corporate Sponsorship

A form of marketing in which a company pays to be associated with a particular event, team, or organization for brand exposure and commercial benefit.