If the Real Interest Rate Is 9 Percent and the Expected

Multiple Choice

If the real interest rate is 9 percent and the expected inflation rate is 2 percent,what would a person expect to have after a year?

A) 7 percent more dollars,which will purchase 7 percent more goods
B) 7 percent more dollars,which will purchase 9 percent more goods
C) 11 percent more dollars,which will purchase 7 percent more goods
D) 11 percent more dollars,which will purchase 9 percent more goods