UGC NET
Ayushi Asked a Question
August 25, 2020 2:10 pmpts 30 pts
  • UGC NET
  • Economics

Iqgr 30. change in prices affects (1) gross interest (2) net interest (3) real interest rate (4} nominal interest rate (1) at (2 4 (41

IqGR 30. Change in prices affects (1) Gross interest (2) Net Interest (3) Real interest rate (4} Nominal interest rate (1) AT (2 4 (41
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  • Nidhi taparia Best Answer
    The answer is (4) Nominal Interest Rate. Real interest rate is calculated by nullifying the changes in price levels. Moreover, gross and net interest are no concepts as such.
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