The real interest rate is: a. The same as the nominal rate. b. ...

[jake]

The real interest rate is:
 a. The same as the nominal rate.
  b. About twice the nominal rate.
  c. Higher when inflation is higher.
  d. The nominal rate of interest minus the inflation rate.
  e. The nominal rate of interest plus the inflation rate.

Question 2

Countries that were formerly communist, and countries that are under communist rule have a high literacy rate and heavily emphasize education.
 
 Indicate whether the statement is true or false

[lgoldst9]

Answer to Question 1

D

Answer to Question 2

T
Countries that were formerly communist, and countries that are under communist rule have a high literacy rate and heavily emphasize education. Countries where education is stressed will present opportunities for education institutions intending to expand globally, to firms selling training technology, and software. Thus, literacy and education are important bases for segmentation.