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Homework answers / question archive / Interest rates in Eturia are as shown in the table below

Interest rates in Eturia are as shown in the table below

Economics

Interest rates in Eturia are as shown in the table below. Calculate the real Interest rate in each year. Enter your responses, rounded to one decimal place, in the last row of the table below. 2015 2016 Nominal interest rate Inflation rate Real interest rate 2017 5.2% 5.9% 6.8% 4.3%

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Real Interest Rate = Nominal Interest Rate - Inflation Rate   

In 2015; = 8% -6.8%

=1.2% = 1%

In 2016 = 6% - 4.3%

= 1.7% = 2%

In 2017 = 5 .2% - 5.9%

= -0.9%

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