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    The Nominal Interest Rate Is 5 Percent and the Real
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The Nominal Interest Rate Is 5 Percent and the Real

Question 371

Question 371

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:

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