# Answer to Question #46888 in Macroeconomics for hambley

Question #46888

suppose the nominal rate of interest in an economy is 10% and rate of inflation is 6% per annum respectively,

a) determine the real rate of interest.

b)discuss two factors that lead to a change in the general level of interest rate.

a) determine the real rate of interest.

b)discuss two factors that lead to a change in the general level of interest rate.

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