In Australia, the real rate of interest is generally about:
A) 1 per cent.
B) 3 per cent.
C) 5 per cent.
D) 7 per cent.

Question

Quizplus · Accepted Answer

The real rate of interest in Australia is generally around 3%, according to economic experts. This rate is adjusted for inflation and represents the increase in purchasing power of an investment. While the exact rate may fluctuate, 3% is a relatively stable rate for the Australian economy.

In Australia, the Real Rate of Interest Is Generally About