If inflation is 10% and the nominal interest rate equals 16.6% the real interest rate is equal to
A) 6.6%.
B) 6%.
C) -6.6%.
D) zero.
B
Economics
You might also like to view...
If an industry is in long-run perfectly competitive equilibrium
A. all firms will be earning economic profits. B. most firms will be earning economic profits. C. a few firms will be earning economic profits. D. no firm will be earning an economic profit.
Economics
The most important source of state tax revenue is the _____ tax.
A. property B. income C. excise D. sales
Economics