Question
The real interest rate tells you a. how fast the number of dollars in your bank account rises over time. b. the purchasing power of
The real interest rate tells you
a. how fast the number of dollars in your bank account rises over time.
b. the purchasing power of your bank account today.c. how fast the purchasing power of your bank account rises over time.
d. the number of dollars in your bank account today.
What is the correct answer and why?
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
6th edition
132831007, 978-0132831000
