cesi2310 cesi2310

21-06-2017
Business

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If the nominal interest rate is 5 percent and there is a deflation rate of 3 percent, what is the real interest rate? 8 percent 2 percent 15 percent 1.7 percent

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Thoth2017 Thoth2017

24-06-2017

To find the real interest rate take the nominal interest rate 5% and subtract the deflation rate 3% = 2 %

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