THE REAL INTEREST RATE ISA) ALWAYS EQUAL TO THE PURE RATE OF TIME...

58) - TEST BANK FOR MACROECONOMICS 4TH EDITION BY WILLIAMSON
TEST BANK FOR MACROECONOMICS 4TH EDITION BY WILLIAMSON
58) The real interest rate isA) always equal to the pure rate of time preference.B) equal to the rate of inflation minus the nominal rate of interest.C) equal to the nominal rate of interest minus the rate of inflation.D) less important for decision making than the nominal rate of interest.Answer: CQuestion Status: Previous Edition