Which statement is true?
A bank interest lower than inflation means more purchasing power.
No...
Business, 19.06.2021 19:00 angelkiss2019
Which statement is true?
A bank interest lower than inflation means more purchasing power.
Nominal rates are an accurate figure of purchasing power.
Real interest measures the power of the saved money
Real interest is the rate quoted in loan and deposit agreements.
Answers: 2
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