# Answer to Question #46888 in Macroeconomics for hambley

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.

0

#### Not answered

Need a fast expert's response?

Submit order
and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

## Comments

## Leave a comment