If the Nominal Interest Rate Is 6% and the Inflation

question 10

Multiple Choice

If the nominal interest rate is 6% and the inflation rate is 9%,then the real interest rate is

• A)-3%.
• B)3%.
• C)6.67%.
• D)15%.

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Definitions:

Optimistic View

A tendency to look on the more favorable side of events or conditions and to expect the most favorable outcome.

Unconditional Positive Regard

A nonjudgmental acceptance and support of a person regardless of what the person says or does, as practiced in client-centered therapy.

Conditions Of Worth

Standards imposed by others, particularly during childhood, that one must meet in order to be considered valuable or worthy of love.

Rogers

Refers to Carl Rogers, an influential American psychologist and founder of humanistic psychology.