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2) The nominal interest rate is A) the interest rate measured in terms of goods. B) always less than the real interest rate. C)
2) The nominal interest rate is A) the interest rate measured in terms of goods. B) always less than the real interest rate. C) equal to the real interest rate minus the rate of inflation. D) the type of interest rate typically reported in the financial pages of newspapers. E) equal to the expected rate of inflation.
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Money Banking and Financial Markets
Authors: Stephen Cecchetti, Kermit Schoenholtz
4th edition
007802174X, 978-0078021749
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