17. (02.04 LC)
Which statement is true? (5 points)
-A bank interest lower than inflatio...
Business, 11.01.2021 18:20 superfly903
17. (02.04 LC)
Which statement is true? (5 points)
-A bank interest lower than inflation means more purchasing power.
-Nominal rates are an accurate figure of purchasing power.
-Real interest measures the power of the saved money.
-Real interest is the sum of nominal interest and inflation.
Answers: 1
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