If Dave Loans Funds at 2 Percent While the Inflation

question 162

True/False

If Dave loans funds at 2 percent while the inflation rate is 4 percent,his real rate of interest is -2 percent.

---

Definitions:

Volume

The amount of space that an object or substance occupies, measured in cubic units.

Mass

An assessment of how much matter an object holds, often measured in grams or kilograms.

Density

The mass per unit volume of a substance, commonly expressed in grams per cubic centimeter (g/cm³) or kilograms per cubic meter (kg/m³).

Volume

The amount of space that a substance or object occupies, or that is enclosed within a container, typically measured in cubic units.