Waec Model Questions Vol1 2023 Economics Question 35
Practice objective / multiple choice question 35 from the 2023 Waec Model Questions Vol1 Economics examination.
The Consumer Price Index (CPI) was 210 last year and 231 this year. A government bond offers a nominal interest rate of 15% per annum. Using the exact Fisher equation, calculate the real interest rate (to two decimal places).
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About This Question
This is Waec Model Questions Vol1 2023 Economics Question 35. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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