Business
Business, 09.09.2020 22:01, tjsimpson1217

g An investor wants to be able to buy 4% more goods and services in the future in order to induce her to invest today. During the investment period prices are expected to rise by 2%. Which statement(s) below is/are true: I. 4% is the desired real rate of interest. II. 6% is the approximate nominal rate of interest required. III. 2% is the expected inflation rate over the period. a. I, II and III are true b. I only c. II only d. I and II only e. III only

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