Question 15
In 2024, the nominal interest rate in the economy of Gondwana is 12%, and the real rate of interest is reported as 8%. What is the expected inflation rate for 2025 in the economy of Gondwana?
3.70%
5.42%
7.60%
11.61%
In 2024, the nominal interest rate in the economy of Gondwana is 12%, and the real rate of interest is reported as 8%. What is the expected inflation rate for 2025 in the economy of Gondwana?
3.70%
5.42%
7.60%
11.61%
Correct answer
3.70%
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Question 15 of 25 in the IIT Madras BS Corporate Finance (Corporate Finance) Quiz 1 paper sat on 23 Feb 2025, in the January 2025 term (IIT M DEGREE AN EXAM QDB2 23 Feb 2025). It carries 4 marks.