Post Utme Afe Babalola University 2023 Economics Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2023 Economics Objective / Multiple Choice
Question 35 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • ECONOMICS • objective

A country's inflation rate is 5% and its interest rate is 10%. What is the Fisher effect?

Answer Options

Correct Answer A. The inflation rate is equal to the interest rate.
B. The interest rate is equal to the inflation rate.
C. The inflation rate is 5% and the interest rate is 10%.
D. The inflation rate is 10% and the interest rate is 5%.
Correct Answer
A
Correct Option:
The inflation rate is equal to the interest rate.

About This Question

This is Post Utme Afe Babalola University 2023 Economics Question 35. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Economics examination.

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