Looking at real and nominal interest rates in the United States since 1968, we see that the
A) nominal interest rate has at times been negative.
B) real interest rate has been greater than 10 percent for most years.
C) real interest rate has at times been negative.
D) real interest rate was above 5 percent during the low inflation of the 1970s.
E) real interest is generally greater than the nominal interest rate.
Correct Answer:
Verified
Q201: In 2006, the average starting salary for
Q204: Q206: Q207: Citicorp charges a 11 percent interest rate Q209: In the United States in 2009, suppose Q215: The real interest rate equals the Q218: If you have a mortgage on your Q220: If the real interest rate is 5 Q230: Nominal GDP is $12.1 trillion and real Q236: In 1970 the CPI was 39,and in![]()
![]()
A)nominal interest
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