Real Interest vs Nominal Interest rates
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If the nominal rate of interest is 12 percent and the rate of inflation is 8 percent, the real rate of interest is:
4 percent
20 percent
8 percent
minus 4 percent
indeterminate
https://brainmass.com/economics/inflation/real-interest-versus-nominal-interest-rates-20952
Solution Summary
The expert examines real interest versus nominal interest rates.
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