In the United States, the real rate of interest has historically been around:
A) 1 percent.
B) 3 percent.
C) 5 percent.
D) 7 percent.

Question

Quizplus · Accepted Answer

Historically, in the United States, the real rate of interest has averaged around 3 percent. This rate is adjusted for inflation, representing the true cost of borrowing money or the true return on investment, excluding the effects of rising prices over time.

In the United States, the Real Rate of Interest Has