If the Nominal Interest Rate Is 4 Percent and the Real

question 122

Multiple Choice

If the nominal interest rate is 4 percent and the real interest rate is 7 percent,then the inflation rate is

• A)-3 percent.
• B)0.75 percent.
• C)3 percent.
• D)11 percent.

---

Definitions:

Bluetooth Technology

A type of wireless technology that uses radio waves to transmit data over short distances often used to connect peripherals such as printers and keyboards to computers or headsets to cell phones.

Earbuds

Listening devices that connect to computing devices so sound can be heard.

Wired

Refers to electronic devices or systems that are connected and communicate through physical cables.

Wireless

Technology that allows the transmission of data and communication between devices without physical connections using radio waves.