Real interest rate - The rate of interest excluding the effect of expected inflation; that is, the rate that is earned in terms of constant-purchasing-power dollars. Interest rate expressed in terms of real goods, i.e. nominal interest rate adjusted for expected inflation.
Real interest rate : the rate of interest excluding the effect of expected inflation; that is, the rate that is earned in terms of constant-purchasing-power dollars. interest rate expressed in terms of real goods, i.e. nominal interest rate adjusted for expected inflation.
Real interest rate