Question
Suppose that the nominal risk-free rate of interest in USA is 4%, and that of Russia is 7%. The inflation rate in Russia is 6%,
Suppose that the nominal risk-free rate of interest in USA is 4%, and that of Russia is 7%. The inflation rate in Russia is 6%, what is the inflation rate in USA?
| A. | 1.0% | |
| B. | 2.0% | |
| C. | 3.0% | |
| D. | 4.0% | |
| E. | None |
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
