Question: econ help suppose the gdp deflator is 136 in 2012...
Question details
Econ Help
Suppose the GDP deflator is 136 in 2012 and 157 in 2013, you know that the real interest rate is 3%, what is the nominal interest rate?
Select one:
a. 18.4%
b. 12.4%
c. 15.4%
d. -12.4%
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