Multiple Choice
The real interest rate must be
A) negative if the nominal rate of interest is greater than the rate of inflation.
B) low if the nominal interest rate is high.
C) positive if the nominal rate of interest is greater than the rate of inflation.
D) high if the inflation rate is greater than the nominal interest rate.
E) high if the nominal interest rate is high.
Correct Answer:
Verified
Correct Answer:
Verified
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