Teaching MPPSC Assistant Professor Mock Test Series 2025 General Knowledge Economy

The price of money next year in terms of money, this year is expressed as ___________.

1
1 + real interest rate
2
1 + nominal interest rate
3
\(\rm \frac{1}{1 + real\ interest\ rate}\)
4
\(\rm \frac{1}{1 + nominal\ interest\ rate}\)
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