The annual percentage increase in the purchasing power of a financial asset is called the:
A. inflation rate.
B. real rate of return.
C. nominal interest rate.
D. real interest rate.
Answer: D
Economics
You might also like to view...
Thrift institutions include
A) banks, mutual funds, and insurance companies. B) savings and loan associations, mutual savings banks, and credit unions. C) finance companies, mutual funds, and money market funds. D) pension funds, mutual funds, and banks.
Economics
Stagflation is the typical result of adverse shifts in the aggregate supply curve.
Answer the following statement true (T) or false (F)
Economics