Kelly puts money in a savings account.One year later she has two percent more dollars and can buy three percent more goods.Kelly earned a real interest rate of
A)two percent and prices fell one percent.
B)two percent and prices rose one percent.
C)three percent and prices rose one percent.
D)three percent and prices fell one percent.

Question

Quizplus · Accepted Answer

The Answer of Kelly puts money in a savings account.One year later she has two percent more dollars and can buy three percent more goods.Kelly earned a real interest rate of
A)two percent and prices fell one percent.
B)two percent and prices rose one percent.
C)three percent and prices rose one percent.
D)three percent and prices fell one percent.

Kelly Puts Money in a Savings Account