Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Which type of interest rate includes the impact of inflation?

nominal interest rate
compounding interest rate
real interest rate
simple interest rate


Sagot :

Answer:

A nominal interest rate contains two parts: a real interest rate and an inflation premium. As an economy grows with inflation, the purchasing power of each dollar declines over time.

Explanation:

Answer:

Real interest rate

Explanation:

This is the answer on the test

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.