Interest Rates
A few questions to make learning about interest rates more fun.
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Topics of this game:
- For a borrower, a nominal interest rate is____
- When the U.S. Federal Reserve lowers the "Federal funds" interest rate, that's conventionally seen as...
- When the U.S. Federal Reserve raises the "Federal funds" interest rate, that's conventionally seen as a policy that'll tend to...
- Fill in the blank: Suppose you lent some money to someone at a 10% nominal interest rate one year ago and they're paying you back today. The "ex-post" or "after the fact" real interest rate associated with that 10% nominal interest rate would be
- The nominal U.S. "Federal funds" interest rate has been at the zero lower bound during ____
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