Question 7 If The Nominal Interest Rate Is 2%, And If Prices Decrease By 1%, Then The Real Rate Of Interest Is Approximately: A) 1% B) 2% C) 3% D) 4% E) None Of The Above.

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Question 7 If the nominal interest rate is 2%, and if prices decrease by 1%, then the real rate of interest is approximately: a) 1% b) 2% c) 3% d) 4% e) None of the above.

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Question 7 If The Nominal Interest Rate Is 2%, And If Prices Decrease By 1%, Then The Real Rate Of Interest Is Approximately: A) 1% B) 2% C) 3% D) 4% E) None Of The Above.

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