单选题 Initially, the nominal interest rate is 8 percent and the expected rate of inflation is 6 percent. One year later, the nominal interest rate rises to 12 percent and inflation rate to 10 percent.
Based on this information the interest rate:
  • A. has risen.
  • B. has fallen.
  • C. has remained the same.
【正确答案】 C
【答案解析】Nominal rate = Real rate + Inflation premium + Risk premium Risk premium not given ; assume it is zero: a) NR=RR+IP ,so 8=RR+6 ,Thus RR=2; b) NR= RR+ IP, so 12=RR+10, Thus RR =2.