The annual percentage increase in the purchasing power of a financial asset is called the:
A) real rate of return.
B) real interest rate.
C) nominal interest rate.
D) inflation rate.
Correct Answer:
Verified
Q123: The nominal interest rate is the:
A)annual percentage
Q124: The real interest rate is the:
A)market interest
Q125: If the real interest rate is 4 percent
Q126: On January 1, 2015, Anna invested $5,000
Q127: An inflation rate of over 500 percent
Q129: Samantha is lending Jack $1,000 for one
Q130: The annual increase in the dollar value
Q131: Hyperinflation is:
A)frequently experienced in the United States.
B)very
Q132: An extremely high rate of inflation is
Q133: If the nominal interest rate is 8 percent
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