# 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%