Multiple Choice
Which of the following describes the correct relationship among the nominal interest rate,the real interest rate,and the inflation rate?
A) Real interest rate = nominal interest rate + inflation rate
B) Real interest rate = nominal interest rate - inflation rate
C) Nominal interest rate = real interest rate - inflation rate
D) Inflation rate = real interest rate - nominal interest rate
E) Inflation rate = nominal interest rate + real interest rate
Correct Answer:
Verified
Correct Answer:
Verified
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