7630

home /study/business/economics/economics questions and answers / during a certain year, the nominal interest rate was 8 percent, the real interest rate was … Question: During a certain year, the nominal interest rate was 8 percent, the real interest rate was 3 perc… During a certain year, the nominal interest rate was 8 percent, the real interest rate was 3 percent, and the CPI was 176.7 at the beginning of the year. The CPI at the end of the year was Selected Answer: Answers: a. 159.2. b. 168.3. c. 185.5. d. 196.1.