Advanced Placement (AP), 24.12.2021 22:30 Hellboy467

If the current nominal interest rate is 5% and the current level of inflation is 6%, what is the real interest rate? A) 1%

B) 5%

C) 6%

D) 30%

E) -1%

Answers: 1

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If the current nominal interest rate is 5% and the current level of inflation is 6%, what is the rea...