I think it might be the second option
It should be the second one
Answer:
Nominal Interest Rate: Does not consider inflation provides a sense of purchasing power
Real Interest Rate: It describes the stated interest rate on an account and also considers inflation
Step-by-step explanation:
Real interest rate can be defined as the Nominal interest rate minus the inflation rate.
Nominal Interest Rate is the interest rate without taking into account the inflation
??? .................. so no question
Answer:
D. x=10, y=12
Step-by-step explanation:
