Real interest rate

From CNM Wiki
Jump to: navigation, search

Real interest rate is the rate of interest with inflation subtracted.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Real interest rate. The rate of interest with inflation subtracted.

According to Macroeconomics by Mankiw (7th edition),

Real interest rate. The return to saving and the cost of borrowing after adjustment for inflation. (Cf. nominal interest rate.)
Retrieved from "https://pravka.bskol.com/w/index.php?title=Real_interest_rate&oldid=50395"