The return a lender receives for allowing borrowers the use of their savings for one year, calculated as a percentage of the amount borrowerd a- desinflation b- real interest rate c-nominal interes rate d- interest rate

The return a lender receives for allowing borrowers the use of their savings for one year, calculated as a percentage of the amount borrowerd a- desinflation b- real interest rate c-nominal interes rate d- interest rate

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The return a lender receives for allowing borrowers the use of their savings for one year, calculated as a percentage of the amount borrowerd

a- desinflation

b- real interest rate

c-nominal interes rate

d- interest rate

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