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    If the Nominal Interest Rate Per Year Is 10% and the Inflation
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If the Nominal Interest Rate Per Year Is 10% and the Inflation

Question 24

Question 24

Multiple Choice

If the nominal interest rate per year is 10% and the inflation rate is 4%, what is the real rate of interest?


A) 10%
B) 4%
C) 5.8%
D) None of the above

Correct Answer:

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