Suppose the real interest rate is 5%. Instructions: Enter your answers as a whole number. a. If people expect prices to rise by 5%, what would be the nominal interest rate for loans? 28:15 % b. Now suppose that people expect prices to rise by 9%. What would be the nominal interest rate for loans? The nominal interest rate will ( (Click to select) + to %. bok c. The real interest rate is O equal to the interest rate plus expected inflation. rint O equal to expected inflation minus the interest rate. erences the cost of borrowing money stated in percentage terms. the amount earned to compensate people for postponing consumption