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in-2015-the-nominal-rate-of-interest-in-country-was-and-the-inflation-rate-then-was-so-real-rate-of-interest-in-2015-was

In 2015 the nominal rate of interest in country was 6%, and the inflation rate then was 1.5%. So real rate of interest in 2015 was

[A] 7.50%

[B] 4.50%

[C] 4%

[D] 0.25%

Answer & Explanation
Answer: Option [B]

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