The Nominal Interest Rate Is 6 Percent and the Real

question 52

Multiple Choice

The nominal interest rate is 6 percent and the real interest rate is 2.5 percent.What is the inflation rate?

• A)2.4 percent.
• B)3.5 percent.
• C)8.5 percent.
• D)15 percent.

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Data

Data gathered for the purposes of reference or examination.

Data

Information collected for reference or analysis.

Standard Deviation

A tool for gauging the level of spread or diversity among a set of measurements.

Data

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