Mathematics, 14.12.2019 00:31 ofmiceandkj1
Joyce's investments earn 5% nominal annual return right now while the inflation rate is at 1%. if inflation increases to 5%, it is likely that the nominal rate will
a.
stay the same
b.
decrease
c.
increase
d.
approach the real rate
Answers: 2
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Joyce's investments earn 5% nominal annual return right now while the inflation rate is at 1%. if in...
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