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AP Macroeconomics
Unit 4 – Financial Sector
Topic 4.5
In the context of the money market, what does the term "nominal interest rate" refer to?
The lowest possible interest rate in the economy
The interest rate as observed in the market, not adjusted for inflation
The interest rate after adjusting for inflation
The average interest rate across all financial markets
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AP Macroeconomics - 4.5 The Money Market
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Money Market
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Resources
Cram Mode
AP Score Calculators
Study Guides
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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