If the Real Rate of Return Is 2 Percent, and the Inflation

question 75

Multiple Choice

If the real rate of return is 2 percent, and the inflation rate is 2 percent, then the nominal interest rate must be:

• A) 4 percent.
• B) 2 percent.
• C) −2 percent.
• D) −4 percent.

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Definitions:

Master Race

A flawed and racist ideology that suggests one particular race is superior to others and destined to rule over them.

Korematsu V. United States

A landmark United States Supreme Court case that upheld the government's internment of Japanese Americans during World War II on the basis of national security.

Robert Jackson

An Associate Justice of the United States Supreme Court from 1941 until his death in 1954, also known for serving as the chief United States prosecutor at the Nuremberg Trials.

Dissent

The expression or holding of opinions that are at variance with those previously, commonly, or officially held.