Trusted by millions of Kenyans
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

Differentiate between the nominal and the real interest rate

Differentiate between the nominal and the real interest rate

Answers


Dana
The nominal interest rate is the interest rate that has not been adjusted for inflation while the real interest rate is the interest rate that has been adjusted for inflation

Dana05 answered the question on July 18, 2019 at 19:32

Answer Attachments

Exams With Marking Schemes

Related Questions