In 2015, the real rate of interest in a country was 6% and the inflati – McqOptions

MCQOPTIONS

1.	In 2015, the real rate of interest in a country was 6% and the inflation rate then was 3%. So the nominal rate of interest in 2015 was
A.	0.03
B.	0.06
C.	0.09
D.	0.12
Answer» D. 0.12

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