If the Nominal Interest Rate Is 7 Percent and the Real

question 33

Multiple Choice

If the nominal interest rate is 7 percent and the real interest rate is 2 percent,then what is the inflation rate?

• A)9.0 percent
• B)5 percent
• C)3.5 percent
• D)None of the above is correct.

---

Definitions:

Police Violence

The use of excessive or unnecessary force by police officers against civilians, often tied to discussions of systemic racism and justice reform.

Hashtag Activism

The use of hashtags on social media platforms to foster discourse, raise awareness, and promote social or political causes.

Democratic Process

The system and methods used within a democracy that allow citizens to participate in decision-making, usually through voting and representation.

Sarah J. Jackson

A scholar known for her work on social activism, media, and the intersection of race and gender.