Post Utme Ksu 2019 Economics Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Ksu Economics examination.

Post Utme Ksu 2019 Economics Objective / Multiple Choice
Question 29 POST_UTME_KSU • 2019 • ECONOMICS • objective

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

Answer Options

A. 5%
B. 10%
Correct Answer C. 15%
D. 20%
Correct Answer
C
Correct Option:
15%

About This Question

This is Post Utme Ksu 2019 Economics Question 29. It is one of the objective questions from the 2019 Post Utme Ksu Economics examination.

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