The consumer price index was 200 in 2008 and 190 in 2009 . The nominal interest rate during this period was 4.5 percent. What was the real interest rate during this period?

a. - 0.75 percent
b. - 0.5 percent
c. 9.5 percent
d. 9.75 percent

c

Economics

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A firm's managers need information on the firm's revenue and costs as well as information on the value of a firm's assets and the amount of the firm's debts to answer three basic questions. Which of the following is not one of those three basic questions?

A) what to produce? B) how to produce it? C) what price to charge? D) where to produce?

Economics

The Federal Reserve System is the central bank of the United States.

Answer the following statement true (T) or false (F)

Economics