If a country can give up one unit of future consumption and as result increase its current consumption by 0.94 units, its real rate of interest must be: (a) 1.4% (b) 3.4% (c) 6.4% (d) 9.4%
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- What must be real rate of interest?Hello tutor please help me this question general accountingAccording to the interest parity condition, if the domestic interest rate is 12 percent and the foreign currency is expected to depreciate by 2% against domestic currency. Then the foreign asset must offer an interest rate of ________ %. Question 24 options:
- If Ram Nation can give up one unit of future consumption and as a result increase its current consumption by 0.96 units, what must be its real rate of interest. NoneIf Ram Nation can give up one unit of future consumption and as a result increase its current consumption by 0.96 units, what must be its real rate of interest.need answerIf Ram Nation can give up one unit of future consumption and as a result increase its current consumption by 0.96 units, what must be its real rate of interest. Answer this question