1 Answer

Olexiy Burov · Answer 1 · 2021-06-09T17:37:54+0000

Answer:

1%

Step-by-step explanation:

The real interest rate is the interest rate adjusted for inflation. It is the rate after accounting for inflation. The real interest rate is the difference between the inflation rate from the quoted(nominal )interest rate.

real interest rate = quoted interest rate - inflation rate

=19% - 18%

=1%

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