If the nominal interest rate is 6.3 percent and the inflation rate is 7.2 percent, then the real interest rate equals: G
Posted: Thu Apr 28, 2022 12:26 pm
If the nominal interest rate is 6.3 percent and the inflation
rate is 7.2 percent, then the real interest rate equals:
Group of answer choices
- 13.5 percent.
- 0.9 percent.
+ 1.1 percent.
-7.2 percent.
+ 13.5 percent.
rate is 7.2 percent, then the real interest rate equals:
Group of answer choices
- 13.5 percent.
- 0.9 percent.
+ 1.1 percent.
-7.2 percent.
+ 13.5 percent.