Which of the following is considered a benefit of inflation?
A) the option of a negative real interest rate
B) money illusion
C) seignorage
D) all of the above
E) none of the above
D
Economics
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Which of the following require the depositor to commit to leaving their investment in the bank for a certain period of time in exchange for higher interest rates?
Economics
When the nominal rate of interest and the rate of inflation are the same, the real interest rate is zero
Indicate whether the statement is true or false
Economics