menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 8
  4. Exam
    Exam 2: The Measurement and Structure of the Canadian Economy
  5. Question
    If Real Interest Is 2 Percent and the Expected Inflation
Solved

If Real Interest Is 2 Percent and the Expected Inflation

Question 55

Question 55

Multiple Choice

If real interest is 2 percent and the expected inflation rate is 5 percent,then the nominal interest rate is


A) 7 percent.
B) 3 percent.
C) 2.5 percent.
D) 0.4 percent.

Correct Answer:

verifed

Verified

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

Related Questions

Q3: The value added of a producer is

Q51: Which of the following statements is true?<br>A)Total

Q52: Which of the following statements is false?<br>A)Nominal

Q53: Monica grows coconuts and catches fish.Last year

Q56: Measuring GDP in nominal terms<br>A)is the most

Q57: The country of Old Jersey produces

Q58: Nominal GDP in Kwaki was $674.8 billion

Q59: Nominal personal consumption expenditures in Canada were

Q60: If a country runs a current account

Q65: Saving is a _ variable,and wealth is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines