Igarvin8787 Igarvin8787

16-02-2024
Business

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Which of the following statement(s) is(are) true?
a. Inflation has no effect on the nominal rate of interest.
b. The realized nominal rate of interest is always greater than the real rate of interest.
c. Certificates of deposit offer a guaranteed real rate of interest.
d. Expected inflation rates are a determinant of nominal interest rates.

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