Question: When the price level is rising at _ _ _ _ _ _ _ and the real interest rate is 1 percent a year, the

When the price level is rising at_______ and the real interest rate is 1 percent a year, the nominal interest rate is 3 percent a year.
Question content area bottom
Part 1
A.
3 percent a year
B.
2 percent a year
C.
4 percent a year
D.
1 percent a year

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