Suppose That the Hypothetical Country of Mozarika Experienced in 2011

question 22

Multiple Choice

Suppose that the hypothetical country of Mozarika experienced in 2011 a negative real interest rate of -2 percent,with a corresponding inflation rate of 12 percent.What must have been the prevalent nominal interest in Mozarika during 2011?

• A)14 percent
• B)12 percent
• C)-14 percent
• D)-10 percent
• E)None of these

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Definitions:

Personal Growth Programs

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Essential People

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