The real interest rate equals the
A) nominal interest rate - inflation rate.
B) nominal interest rate + inflation rate.
C) (nominal interest rate ÷ inflation rate) .
D) inflation rate - nominal interest rate.
E) (nominal interest rate + inflation rate) × 100.
Correct Answer:
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Q210: If the real interest rate is 7
Q211: Q212: Caroline has saved $100,000 for her retirement.She Q213: Chloe has a $15,000 personal loan at Q214: Q216: If the inflation rate is greater than Q217: The real interest rate equals the Q218: If you have a mortgage on your 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
A)nominal interest
