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    Exam 10: Basic Macroeconomic Relationships
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    If the Nominal Interest Rate Is 18 Percent and the Real
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If the Nominal Interest Rate Is 18 Percent and the Real

Question 114

Question 114

Multiple Choice

If the nominal interest rate is 18 percent and the real interest rate is 6 percent, the inflation rate is


A) 18 percent.
B) 24 percent.
C) 12 percent.
D) 6 percent.

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