If the real rate of interest is 8% and the nominal rate of interest is 28%, then the rate of inflation must be about
A)36%.
B)24.26%.
C)3.50%.
D)18.52%.
E)23%.

Name: If the real rate of interest is 8% and the nominal rate of interest is 28%, then the rate of inflation must be about A)36%. B)24.26%. C)3.50%. D)18.52%. E)23%.
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The Answer of If the real rate of interest is 8% and the nominal rate of interest is 28%, then the rate of inflation must be about
A)36%.
B)24.26%.
C)3.50%.
D)18.52%.
E)23%.

If the Real Rate of Interest Is 8% and the Nominal