Looking at real and nominal interest rates in Australia since 1971,we see that the
A) real interest rate has been greater than 10 per cent for most years.
B) real interest rate has at times been negative.
C) nominal interest rate has at times been negative.
D) real interest is generally greater than the nominal interest rate.
E) real interest rate was above 5 per cent during the low inflation of the 1990s.
Correct Answer:
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