The real interest rate equals the
A) nominal interest rate multiplied by 100.
B) nominal interest rate divided by 100.
C) nominal interest rate minus the inflation rate.
D) inflation rate minus the nominal interest rate.
E) nominal interest rate divided by the inflation rate and then multiplied by 100.
Correct Answer:
Verified
Q212: Caroline has saved $100,000 for her retirement.She
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Q214: Q215: The real interest rate equals the Q216: If the inflation rate is greater than Q218: If you have a mortgage on your
A)nominal interest
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