Edmentum: Inflation and Interest Rates: Mastery Test Drag each tile to the correct location on the table. the stated inter

Question

Edmentum: Inflation and Interest Rates: Mastery Test
Drag each tile to the correct location on the table.

the stated interest rate on
an account
considers inflation
does not consider inflation
provides a sense of
purchasing power

Match each phrase to the type of interest rate it describes.
Nominal Interest Rate: Real Interest Rate:

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Farah 3 years 2021-08-20T00:43:55+00:00 1 Answers 5 views 0

Answers ( )

  1. Acacia
    0
    2021-08-20T00:45:01+00:00
    Reply

    Answer:

    Step-by-step explanation:

    Nominal:

    the stated interest rate on an account

    does not consider inflation

    Real:

    considers inflation

    reveals purchasing power

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