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If the real interest rate is 6 percent and the price level is falling at a rate of 2 percent, what is the nominal interest rate?

If the real interest rate is 6 percent and the price level is falling at a rate of 2 percent, what is the nominal interest rate?
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If the real interest rate is 6 percent and the price level is falling at a rate of 2 percent, what is the nominal interest rate?

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User Eunji
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8.4k points

1 Answer

1 vote
2 percent is falling off the nominal
answered
User Tmlen
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8.0k points
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