The nominal interest rate approximately equals which of the following?
A) the real interest rate plus the growth rate of real GDP
B) the real interest rate minus the growth rate of real GDP
C) the real interest rate minus the inflation rate
D) the real interest rate plus the inflation rate
Correct Answer:
Verified
Q42: If foreigners spend more on U.S.- made
Q43: In 2008, suppose Country A had net
Q44: The nominal interest rate minus the real
Q45: The interest rate approximately equals the interest
Q47: When the inflation rate is positive, the
A)
Q48: Suppose that you took out a $1000
Q49: Which of the following is TRUE regarding
Q50: Approximately, the real interest rate the inflation
Q51: When the inflation rate is negative, the
A)
Q58: The real interest rate
A) is approximately equal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents