JTRussell34181 JTRussell34181

23-08-2022
Business

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If the nominal interest rate is 5 percent and the rate of inflation is 9 percent, then the real interest rate is:________

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abubakarsungumohudu4 abubakarsungumohudu4

25-08-2022

Answer:

Real Interest rate=5+9=14%

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