We could best describe the
A) nominal rate of interest as the inflation-adjusted rate of interest.
B) real rate of interest as the inflation-adjusted rate of interest.
C) rate of inflation as the nominal interest rate.
D) loanable funds market as the market where only governments make loans.
E) supply of loanable funds as upward sloping,with the slope equaling the rate of inflation.
Correct Answer:
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A)
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