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    Economics Today Study Set 1
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    Exam 21: Rents, Profits, and the Financial Environment of Business
  5. Question
    The Nominal Rate of Interest Is
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The Nominal Rate of Interest Is

Question 80

Question 80

Multiple Choice

The nominal rate of interest is


A) the rate observed in the market that includes an inflation premium.
B) not the rate observed in the market.
C) not adjusted for inflation.
D) expressed in dollars from the chosen base year.

Correct Answer:

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