Refer to the figure below.Based on the diagram, the nominal interest rate equals ______ and the money supply equals ____.
A)7%; 300
B)1%; 500
C)5%; 500
D)3%; 700

Question

Refer to the figure below.Based on the diagram, the nominal interest rate equals ______ and the money supply equals ____. 
A)7%; 300 
B)1%; 500 
C)5%; 500 
D)3%; 700

Quizplus · Accepted Answer

The Answer of Refer to the figure below.Based on the diagram, the nominal interest rate equals ______ and the money supply equals ____. 
A)7%; 300 
B)1%; 500 
C)5%; 500 
D)3%; 700

Refer to the Figure Below