Solved

In Words, the Real Rate of Interest Is Approximately Equal

Question 40

Multiple Choice

In words, the real rate of interest is approximately equal to


A) the nominal rate minus the inflation rate.
B) the inflation rate minus the nominal rate.
C) the nominal rate times the inflation rate.
D) the inflation rate divided by the nominal rate.
E) the nominal rate plus the inflation rate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions