Post Utme Unilorin 2019 Economics Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2019 Economics Objective / Multiple Choice
Question 40 POST_UTME_UNILORIN • 2019 • ECONOMICS • objective

A country's inflation rate is 5% per annum. If the nominal interest rate is 10% per annum, what is the real interest rate?

Answer Options

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

About This Question

This is Post Utme Unilorin 2019 Economics Question 40. It is one of the objective questions from the 2019 Post Utme Unilorin Economics examination.

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