Multiple Choice
Banks advertise
A) the real interest rate,which is how fast the dollar value of savings grows.
B) the real interest rate,which is how fast the purchasing power of savings grows.
C) the nominal interest rate,which is how fast the dollar value of savings grows.
D) the nominal interest rate,which is how fast the purchasing power of savings grows.
Correct Answer:
Verified
Correct Answer:
Verified
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