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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
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Oct 27, 2020
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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
Mathematics
high-school
Kluddizz
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Kluddizz
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B increase because it says that he went 4 points more
Sunil Purushothaman
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Oct 29, 2020
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Sunil Purushothaman
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Answer:
i think its B
Explanation:
Sara Vaseei
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Nov 2, 2020
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Sara Vaseei
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