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The nominal interest rate is 6 percent and the real interest rate is 2.5 percent. What is the inflation rate?
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The nominal interest rate is 6 percent and the real interest rate is 2.5 percent. What is the inflation rate?
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Jun 5, 2021
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The nominal interest rate is 6 percent and the real interest rate is 2.5 percent. What is the inflation rate?
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Karen Tracey
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Answer:
3.5 percent
Step-by-step explanation:
Brc
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Jun 10, 2021
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Brc
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