Question

Edmentum: Inflation and Interest Rates: Mastery Test
Drag each tile to the correct location on the table.

the stated interest rate on
an account
considers inflation
does not consider inflation
provides a sense of
purchasing power

Match each phrase to the type of interest rate it describes.
Nominal Interest Rate: Real Interest Rate:

Answer 1

Answer:

Step-by-step explanation:

Nominal:

the stated interest rate on an account

does not consider inflation

Real:

considers inflation

reveals purchasing power