The nominal interest rate is 6 percent and the real interest rate is 2.5 percent. What is the inflation rate?

a. 2.4 percent.
b. 3.5 percent.
c. 8.5 percent.
d. 15 percent.


b

Economics

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(a) declining. (b) holding steady. (c) increasing. (d) showing no particular pattern.

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Compared with a partnership, a corporation can raise money more easily because owners of a corporation have less liability for the corporation's actions than owners of a partnership have for the partnership's actions

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