Post Utme Wellspring University 2018 Economics Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2018 Economics Objective / Multiple Choice
Question 4 POST_UTME_WELLSPRING_UNIVERSITY • 2018 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Wellspring University 2018 Economics Question 4. It is one of the objective questions from the 2018 Post Utme Wellspring University Economics examination.

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