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The Consumer Price Index (CPI) in the previous year was 125, and this year the CPI was 132. If the average rate of time preference
The Consumer Price Index (CPI) in the previous year was 125, and this year the CPI was 132. If the average rate of time preference is 3%, what should the nominal rate of interest equal? Indeks Harga Pengguna (CPI) pada tahun sebelumnya adalah 125, dan tahda ini CPI adalah 132. Sekiranya kadar purata pilihan masa adalah 3%, apakah kadar faedah nominal yang sama? A. 2.6% B. 3.0% C. 8.6% D. 10 %
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