Business
Business, 11.01.2021 18:20, superfly903

17. (02.04 LC) Which statement is true? (5 points)

-A bank interest lower than inflation means more purchasing power.

-Nominal rates are an accurate figure of purchasing power.

-Real interest measures the power of the saved money.

-Real interest is the sum of nominal interest and inflation.

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17. (02.04 LC) Which statement is true? (5 points)

-A bank interest lower than inflatio...

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