Inflation rate in United States is added into real rate of...

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Inflation rate in United States is added into real rate of interest to calculate

A. quoted interest rate in United States

B. nominal interest rate in United States

C. interest rate in United States

D. discount rate of country

Answer: Option C

Solution(By Examveda Team)

Inflation rate in United States is added into real rate of interest to calculate interest rate in United States. Inflation is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over a period of time.

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