In the economy, Nominal Interest rate is 2% and real interest rate is 1.5% Calculate inflation

Q: Calculate inflation if real interest rate is 2% and Nominal Interest rate is 3.3%

A: The information being given is:- Real interest rate = 2% Nominal interest rate = 3.3% Inflation = ?

Q: In an economy inflation is 3% and the nominal interest rate is 3%  Calculate the real interest rate

A: The addition of inflation and real interest rate gives us the value of nominal interest rate Real…

Q: Find the value of inflation if real interest rate is 0 and nominal interest rate is 4.6%

A: We are given that:- Real interest rate = 0% Nominal interest rate = 4.6% Note- Real interest rate is…

Q: In an economy the real interest rate and inflation is 3% and 1.8% respectively  Find nominal…

A: The information being given is:- Real interest rate = 3% Inflation rate = 1.8% We have to calculate…

Q: Income in year 1: $50,000 income in year 2: $52,000 CPI in year 1 = 100 CPI in year 2 = 110…

A: Nominal income in year 2 increased by 2000. Real income in year 1=$50,000 Real income in year…

Q: Calculate the value of real interest rate in the Economy. The value of nominal interest rate is 5%…

A: We are given the information as:- Nominal interest rate = 5%  Inflation rate = 3.2% We need to…

Q: The value for nominal interest rate is 30% and the value for inflation is 3%  What is the real…

A: # Real interest is the difference between nominal interest rate and inflation rate.

Q: If inflation is 2% and Nominal interest rate is 2.6%  Find real interest rate

A: Real interest rate = nominal interest rate - inflation rate.

Q: What will be the real interest rate if:- Nominal interest rate = 5%  Inflation rate = 3.3%

A: The data presented in the above question is:- Nominal interest rate = 5%    Inflation rate = 3.3%…

Q: The value of real interest rate is 3.2% and the value of inflation is 2% Calculate nominal interest…

A: According to the above given question, the values given are:- Real interest rate = 3.2%  Value of…

Q: Assume that a basket of goods consists of 10 Chalupas, 2 Pepsis, and a package of Rolaids. Year…

A: Consumer price index measures the value of market basket of goods and services bought by a consumer.

Q: The real wage rate is $14.00 an hour and the CPI is 112. What is the nominal wage rate? The nominal…

A: The average hourly wage rate which will be measured in the current dollar is the nominal wage rate…

Q: What is the difference between the Nominal Interest Rate and the Real Interest rate?

A: A continuous increase in the general price level is referred to as inflation.

Q: If inflation is 1% and nominal interest rate is 9%  Calculate real interest rate

A: It's given in the question that:- Inflation = 1%  Nominal interest rate = 9% Thus we need to…

Q: Inflation rate is half the nominal interest rate prevailing in the market.  The Nominal Interest…

A: The information being given is:- Nominal interest rate = 3.6%  Also the inflation rate is half the…

Q: The student has 30000 rubles and decides to save them or spend. If he puts money in the bank, in a…

A: Interest rate works two ways, i.e., it is the cost of borrowing for the borrowers, and also the rate…

Q: The apparent interest rate is 9.18% and the real interest rate is 6%. What is the inflation rate?

A: Interest is the cost of capital. We can use interest in the context of either borrowed funds,…

Q: If in the banking sector the nominal interest rate is 3% and inflation rate is 1.7%  Calculate what…

A: The information being given is:- Nominal interest rate in banking rate = 3% Inflation rate = 1.7% We…

Q: nominal rate of interest and what is the real rate of interest

A: The inflation depicts the rise in level of prices. The inflation is of different types: Creeping…

Q: In an economy, the inflation rate and real interest rate are 1.8% and 3%  Find nominal interest…

A: Answer in step 2

Q: Calculate real interest rate if Nominal Interest rate is 8.2% and inflation is 6.1%

A: According to the above given question, the values given are:- Nominal interest rate = 8.2%…

Q: Explain the concept: nominal interest rate

A: Interest rate is the a prescribed percentage that is supposed to be paid by the borrower to the…

Q: At the beginning of the year, what is the nominal rate of interest and what is the real rate of the…

A: Interest rate is the percentage amount charged by the lender from the borrower to use his money for…

Q: If inflation is 0% and the real interest rate is 3.3% Calculate nominal interest rate

A: The data presented in the question above is:- Inflation = 0% Real interest rate = 3.3% We need to…

Q: If nominal interest rate is 6% and inflation is 8%, what is the real interest rate?

A: Given data: Nominal Interest rate = 6% Inflation = 8%

Q: 1)Calculate the consumer price index in the year 2020 & 2021 .   2)Calculate the rate of inflation…

A: Cost of the basket = Quantity of copy * Price of copy + Quantity of pen * Price of pen + Quantity of…

Q: Calculate the value of nominal interest rate of inflation is 0 and real interest rate is 6%

A: The information given to us is that  Real interest rate in the economy Is 6% Inflation is 0% We have…

Q: If inflation is currently 2.55% and a bank is lending money at 7.75% interest, what is the real…

A: Inflation (I) = 2.55% Bank interest rate (R) = 7.75%

Q: Nominal interest rate is 13% and Inflation is 7%  Calculate the value of real interest rate

A: The information given to us is as follows:- The nominal interest rate is 13% Inflation = 7% We have…

Q: Calculate the inflation rate when Nominal Interest rate is 7% and real interest rate is 2.5%

A: # Due to inflation prevailing in the Market, the Nominal interest rate is actually lower and thus we…

Q: The CPI fell from 110 at the start of the year to 125 at the end of the year. If the real interest…

A: The consumer price index (CPI) changes from 110 to 125.  The change in CPI measures the inflation…

Q: Frank agrees to lend his friend Sammy $1000 for one year so that Sammy can buy a new computer.…

A: A consumer price index is a cost record, the cost of a weighted typical market container of buyer…

Q: he salary of Lionel Messi in 2021 is 54,000,000€. What was the value of his salary in the year 2000…

A: Given  CPI in 2021 = 110 CPI in 2000=70 Income of Messi in 2021 =54,000,000

Q: What is CPI

A: The definition of Consumer price index (CPI) is an index that measures the changes in the price of a…

Q: # In an economy, the nominal interest rate is 9% and inflation is 7%. Raj is thinking to giving some…

A: # While considering the nominal interest rate we must remember that inflation rate would have an…

Q: If Inflation is 2% and nominal interest rate is 4% Calculate real interest rate

A: The data presented in the question is :- Inflation rate = 2%  Nominal interest rate = 4% We need to…

Q: real interest rate

A: Formula for Real Interest Rate: Real Interest Rate = Nominal Interest Rate - Inflation Rate

Q: The market price in Year 1 was $1,824 and $1,906 in Year 2. Assume Year 1 is the base year. Round…

A: A consumer price index is a cost list, the cost of a weighted typical market bin of shopper labor…

Q: If inflation is 1% and Nominal Interest rate is 3.1%  Find the value of real interest rate

A: The information being given to us is as follows:- Inflation = 1% Nominal interest rate = 3.1% We…

Q: Nominal Interest rate is 10% and the real interest rate is 7% Calculate the inflation levle.

A: # According to the fisher's equation we know that the real interest is given as the difference…

Q: Define the Nominal Interest Rates?

A: The interest rate refers to the payment rate that is charged by a lender on a borrower for using the…

Q: In 2018, the real interest rate was 6% and inflation was 1.2% Calculate nominal interest rate

A: The information being given is:- Real interest rate = 6%  Inflation rate = 1.2% This is the data for…

Q: You deposit $600 in a savings account and one year later you have $654. At the same time, the CPI…

A: Given that,   Deposit (P) = $600. Amount after one year (A) = $654. Time period (t) = 1 year

Q: Calculate the CPI of 2009. Calculate the inflation rate of 2009. If your salary in 2008 and 2009 was…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: In the market the real interest rate is 3% and nominal interest rate is 6.6%  Find inflation rate.

A: The data presented in the question is:- Real interest rate = 3%  Nominal interest rate = 6.6%…

Q: 1. The market basket consists of 10A and 20B. The prices of A and B in the current year are $2 and…

A: Consumer Price Index(CPI) is a representative price for all the commonly used goods and services by…

Q: Frank agrees to lend his friend Sammy $1000 for one year so that Sammy can buy a new computer.…

A: