Answered: If the nominal interest rate is 10% and…

If the nominal interest rate is 10% and the inflation rate is 5% What is the real interest rate? (Do not round intermediate calculations. Round your answer to 2 decimal places) A76 5.13 2.34 500

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter7: Unemployment And Inflation

Section: Chapter Questions

Problem 9E

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Question

If the nominal interest rate is 10% and the inflation rate is 5% What is the real interest rate? (Do not round intermediate
calculations. Round your answer to 2 decimal places)
A.76
5.13
2,34
5.00

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