menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Principles Problems and Policies
  4. Exam
    Exam 9: Business Cycles, Unemployment, and Inflation
  5. Question
    If the Inflation Premium Is 3% and the Real Interest
Solved

If the Inflation Premium Is 3% and the Real Interest

Question 122

Question 122

Multiple Choice

If the inflation premium is 3% and the real interest on a loan is 4%, then the nominal interest rate is:


A) 1%
B) -1%
C) 7%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: Anyone who is not employed is classified

Q100: What are the primary effects of cost-push

Q117: Possible reasons why the level of employment

Q118: Potential GDP is the output that would

Q119: If the negative GDP gap were equal

Q120: Which of the following statistics can turn

Q121: The downward-stickiness of wages serves like a

Q125: The higher the rate of unemployment:<br>A) The

Q126: The unemployed are those people who:<br>A) Do

Q127: If the actual rate of unemployment is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines