Post Utme Lasu 2021 Economics Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Lasu Economics examination.

Post Utme Lasu 2021 Economics Objective / Multiple Choice
Question 10 POST_UTME_LASU • 2021 • ECONOMICS • objective

A country's inflation rate is 5% and its nominal interest rate is 10%. If the country's real interest rate is 5%, what is the expected rate of return on investment?

Answer Options

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

About This Question

This is Post Utme Lasu 2021 Economics Question 10. It is one of the objective questions from the 2021 Post Utme Lasu Economics examination.

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