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Author Question: When the inflation rate is positive, the A) real interest rate is greater than the nominal ... (Read 73 times)

awywial

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  • Posts: 577
on: Jun 29, 2018
When the inflation rate is positive, the
 
  A) real interest rate is greater than the nominal interest rate.
  B) real interest rate is less than the nominal interest rate.
  C) nominal interest rate is zero.
  D) real interest rate equals the nominal interest rate.

Question 2

A 25,000 price tag on a new car is an example of money as
 
  A) a medium of exchange.
  B) a unit of account.
  C) a store of value.
  D) a time deposit.


lkanara2

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

B

Answer to Question 2

B


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