Multiple Choice
As long as prices are rising over time, then
A) the nominal interest rate exceeds the real interest rate.
B) the real interest rate exceeds the nominal interest rate.
C) the real interest rate is positive.
D) the nominal interest rate is a better indicator than the real interest rate of how fast the purchasing power of your bank account is changing over time.
Correct Answer:
Verified
Correct Answer:
Verified
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