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21 September, 02:02

If the nominal interest rate is 4.00% and the rate of inflation is 2.25%, what is the real interest rate?

A. 1.75%

B. 4.50%

C. 6.25%

D. 9.00%

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Answers (1)
  1. 21 September, 02:14
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    The answer is A. 1.75
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