Multiple Choice
If the real interest rate is 7.1 percent and the expected inflation rate is 2.1 percent,the nominal interest rate is
A) 9.2 percent.
B) 7.1 percent.
C) 4.1 percent.
D) 5 percent.
E) 0.5 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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