MCQOPTIONS
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| 1. |
In 2015, the real rate of interest in a country was 6% and the inflation rate then was 3%. So the nominal rate of interest in 2015 was _________. |
| A. | 3% |
| B. | 6% |
| C. | 9% |
| D. | 12% |
| Answer» D. 12% | |