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    Principles of Macroeconomics Study Set 6
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    Exam 11: Money Growth and Inflation
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    If the Nominal Interest Rate Is 9 Percent and the Real
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If the Nominal Interest Rate Is 9 Percent and the Real

Question 158

Question 158

Multiple Choice

If the nominal interest rate is 9 percent and the real interest rate is 4 percent,what is the inflation rate?


A) 3 percent
B) 5 percent
C) 8 percent
D) 11 percent

Correct Answer:

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