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Author Question: Caroline has saved 100,000 for her retirement. She earned 4 percent interest on that money during ... (Read 65 times)

JGIBBSON

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on: Jun 29, 2018
Caroline has saved 100,000 for her retirement. She earned 4 percent interest on that money during the year 2013. If the inflation rate was 1 percent in 2013, what was Caroline's real interest rate?
 
  A) 4,000 B) 5 percent C) 1 percent D) 4 percent E) 3 percent

Question 2

Which aggregate expenditure categories are influenced by the level of real GDP?
 
  A) investment and government expenditures on goods and services
  B) consumption and government expenditures on goods and services
  C) consumption and investment
  D) imports and exports
  E) consumption and imports


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paavo

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

E

Answer to Question 2

E


JGIBBSON

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Reply 2 on: Jun 29, 2018
Excellent

amandalm

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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