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HSA 26-27 Economics
Principles of Investment
Question 18
18
Assignment
Multiple Choice
Principles of Investment
Question 18 • * HSA 26-27 Economics
Which statement best explains the interest rates related to this CD?
Answer
A
The nominal interest rate is 3 percent, while the real interest rate is 2 percent.
B
The nominal interest rate is 3 percent, while the real interest rate is 1 percent.
C
The nominal interest rate is 1 percent, while the real interest rate is 2 percent.
D
The nominal interest rate is 2 percent, while the real interest rate is 4 percent.
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