Post Utme Madonna University 2025 Economics Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2025 Economics Objective / Multiple Choice
Question 30 POST_UTME_MADONNA_UNIVERSITY • 2025 • ECONOMICS • objective

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

Answer Options

A. 5%
Correct Answer B. 6%
C. 7%
D. 8%
Correct Answer
B
Correct Option:
6%

About This Question

This is Post Utme Madonna University 2025 Economics Question 30. It is one of the objective questions from the 2025 Post Utme Madonna University Economics examination.

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