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Author Question: In the above figure, the distance between points S and T represents A) an expansion. B) a ... (Read 53 times)

danielfitts88

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  • Posts: 535
on: Jun 29, 2018
In the above figure, the distance between points S and T represents
 
  A) an expansion.
  B) a trough.
  C) a peak.
  D) a recession.

Question 2

In January 2013, you can put your savings in a Bank of America account and be paid 2 percent per year. During 2013, suppose the inflation rate is 3.4 percent. In 2013 you earned a real interest rate of
 
  A) 0.59 percent.
  B) 6.8 percent.
  C) 1.4 percent.
  D) -1.4 percent.


alexisweber49

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


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