A Question 2 (1 point) Retake question Saved If the nominal rate of interest is 3.8% and the rate of inflation is 0.9%, then the real interest rate is: a) 2.87% b) 2.75% c) 2.90% d) 3.17%

Human Anatomy & Physiology (11th Edition)
11th Edition
ISBN:9780134580999
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Chapter1: The Human Body: An Orientation
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Problem 1RQ: The correct sequence of levels forming the structural hierarchy is A. (a) organ, organ system,...
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A Question 2 (1 point) Retake question
Saved
If the nominal rate of interest is 3.8% and the rate of inflation is 0.9%, then the real
interest rate is:
a) 2.87%
b) 2.75%
c) 2.90%
d) 3.17%
Transcribed Image Text:A Question 2 (1 point) Retake question Saved If the nominal rate of interest is 3.8% and the rate of inflation is 0.9%, then the real interest rate is: a) 2.87% b) 2.75% c) 2.90% d) 3.17%
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