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CUET Economics 2024

Economics
>
National Income

Easy

Nominal Interest Rate =

Correct Option: 4
Nominal Interest Rate is -> calculated by adding -> inflation rate. \newline
    \newline
  1. Real Interest Rate -> times -> Inflation Rate
    2. \newline
  2. Real Interest Rate -> minus -> Inflation rate
    3. \newline
  3. Real Interest Rate -> divided by -> Inflation rate
    4. \newline
  4. Real Interest Rate -> plus -> Inflation rate
Correct option is -> option 4.

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