J Jon New member Jun 13, 2009 #1 If the economic growth rate is -1%, prices are falling at an annual rate of 5%, and the real rate of interest is 2%, then the nominal rate of interest will be: Question 30 answers A. 0%. B. 7%. C. –3%. D. 3%.
If the economic growth rate is -1%, prices are falling at an annual rate of 5%, and the real rate of interest is 2%, then the nominal rate of interest will be: Question 30 answers A. 0%. B. 7%. C. –3%. D. 3%.
