Today, interest rates on a bank account are 1% and the current rate of inflation is 8.5%. Assuming this stays constant o
Posted: Fri Jul 01, 2022 7:48 am
Today, interest rates on a bank account are 1% and the currentrate of inflation is 8.5%. Assuming this stays constant over thenext year, what is your real rate of return? Multiple Choice -7.5%1% -8.5% -9.5%