In 2015, the nominal rate of interest in a country was 5.5% and the in – McqOptions

MCQOPTIONS

1.	In 2015, the nominal rate of interest in a country was 5.5% and the inflation rate then was 2.5%. So real rate of interest in 2015 was _________.
A.	8 percent
B.	2.2 percent
C.	13.75 percent
D.	3 percent
Answer» E.

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