The real rate of interest equals 8%, and the expected rate of inflation equals 2%. The nominal rate of interest is
A) 2%.
B) 6%.
C) 8%.
D) 10%.
Correct Answer:
Verified
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A) the
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A) the
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A) everyone knows perfectly
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A) the
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A) hurts everyone.
B) hurts creditors.
C)
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