According to the Fischer equation, if the nominal interest rate is 8% and inflation is running at 4% then the real interest rate is?      12%     8%     4%     2%

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter14: Money And The Economy
Section14.4: Money And Interest Rates
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According to the Fischer equation, if the nominal interest rate is 8% and inflation is running at 4% then the real interest rate is? 

   

12%

   

8%

   

4%

   

2%

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