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Which of the following explains the difference between real and nominal interest rates? Nominal rates are equal to the coupon rate on gilts. Nominal rates
Which of the following explains the difference between real and nominal interest
rates?
Nominal rates are equal to the coupon rate on gilts.
Nominal rates are equal to the returns from index linked gilts.
Real rates are adjusted for the effects of inflation.
Real rates are higher than nominal rates.
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