When the anticipated rate of inflation is 2 percent and the real rate of interest is 4 percent, the nominal rate of interest is
A) 0 percent.
B) 1 percent.
C) 2 percent.
D) 6 percent.
Correct Answer:
Verified
Q276: In economic terms, interest is the payment
Q277: Why are there so many more proprietorships
Q278: Which of the following is correct?
A) real
Q279: You own $10,000 in personal property, $3,000
Q280: Why is limited liability so important when
Q282: Which combination of circumstances will most likely
Q283: If the rate of inflation is zero,
Q284: In most cases, the higher is the
Q285: Which of the following characteristics is NOT
Q286: When the anticipated rate of inflation declines,
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