Multiple Choice
The nominal interest rate is 5 percent and the real interest rate is 2 percent. What is the inflation rate?
A) 10 percent
B) 7 percent
C) 3 percent
D) 2.5 percent
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: In the U.S. ,taxes on capital gains
Q68: In the 1970s,the U.S.inflation rate reached about<br>A)7
Q142: In the U.S. ,from the early 1980s
Q153: The inflation tax falls mostly heavily on<br>A)those
Q205: According to the classical dichotomy,which of the
Q208: Darla puts her money into a bank
Q222: The Fisher effect is crucial for understanding
Q241: Based on past experience,if a country is
Q370: If real output in an economy is
Q376: Which of the following can a country