Waec Model Questions Vol1 2022 Economics Question 32
Practice objective / multiple choice question 32 from the 2022 Waec Model Questions Vol1 Economics examination.
A loan carries a nominal interest rate of 15 % per annum. Investors require a real rate of return of 6 % per annum. Using the Fisher equation, what is the expected inflation rate (in %), rounded to one decimal place?
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About This Question
This is Waec Model Questions Vol1 2022 Economics Question 32. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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