Question
During years of financial repression in LDCs, the rea interest rate was often negative due to:
a. explicit policy by the government b. ow nterest rates instituted by government to encourage capital
nvestment c government policy to combat infation d. an inadvertent result of infation occurrng after
nominal interest rates had been fixed.
a. explicit policy by the government b. ow nterest rates instituted by government to encourage capital
nvestment c government policy to combat infation d. an inadvertent result of infation occurrng after
nominal interest rates had been fixed.
Answers
GPT 3.5
d. an inadvertent result of inflation occurring after nominal interest rates had been fixed.