The Nominal Rate of Interest in Russia Is 9

question 94

Multiple Choice

The nominal rate of interest in Russia is 9.5% and the inflation rate is 8%. The nominal rate of interest in Spain is 3% and the inflation rate is 1%. Which country has the higher real rate of interest?

• A) Russia
• B) Spain
• C) There is no difference.
• D) There is not enough information

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Definitions:

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An autoimmune disease affecting the brain and spinal cord, leading to varying levels of disability.

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