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Match each phrase to the type of interest rate it describes.
the stated interest rate on
an account
considers inflation
does not consider inflation
provides a sense of
purchasing power
Nominal Interest Rate
Real Interest Rate

Respuesta :

Nominal Interest Rate: Does not consider inflation  provides a sense of  purchasing power

Real Interest Rate: It describes the stated interest rate on  an account  and also considers inflation

Step-by-step explanation:

Real interest rate  can be defined as the Nominal interest rate minus the inflation rate.

Nominal Interest Rate is the interest rate without taking into account the inflation

Answer:

The nominal interest rate minus the rate of inflation

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