If inflation is 8 percent and the real interest rate is 3 percent, then the nominal interest rate must be ?

A. 11 percentB. 5 percentC. 3/8 percentD. 24 percent Share the PostRelated Posts:Rs. 6000 is lent out in two parts. One part is lent at 7%…In an exam, Amir scored 64 percent, Masood scored 36 percent…If r is the number Read More …

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