JTRussell34181 JTRussell34181
  • 23-08-2022
  • Business
contestada

If the nominal interest rate is 5 percent and the rate of inflation is 9 percent, then the real interest rate is:________

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abubakarsungumohudu4
abubakarsungumohudu4 abubakarsungumohudu4
  • 25-08-2022

Answer:

Real Interest rate=5+9=14%

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