asked 93.9k views
3 votes
You deposit $2,000 in a savings account, and a year later you have $2,100. Meanwhile, the consumer price index rises from 200 to 204. In this case, the nominal interest rate is _____ percent, and the real interest rate is _____ percent.

a. 1, 5
b. 3, 5
c. 5, 1
d. 5, 3

1 Answer

5 votes

Answer:to be honest bro it should be a

Explanation:

answered
User Reham M Samir
by
8.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.