Multiple Choice
If the nominal interest rate is a constant 15 percent and anticipated inflation falls from 10 percent to 7 percent,the real interest rate would change from
A) 15 to 10 percent.
B) 5 to 8 percent.
C) 7 to 9 percent.
D) 8 to 5 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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