tete6323 tete6323

19-07-2022
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A basic interest rate that is not adjusted for inflation is called a(n)___ interest rate.

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topeadeniran2 topeadeniran2

19-07-2022

A basic interest rate that is not adjusted for inflation is called a nominal interest rate.

What is Inflation?

It should be noted that inflation simply means the increase in the prices of goods and services.

In this case, nominal interest rate is the basic interest rate that is not adjusted for inflation.

Learn more about interest rate on:

brainly.com/question/25793394

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