Citicorp charges an 11 percent interest rate on all new car ...

[jasdeep_brar]

Citicorp charges an 11 percent interest rate on all new car loans. If the inflation rate is 6 percent, Citicorp receives a real interest rate of
 
  A) 11 percent. B) 6 percent. C) 1.83 percent. D) 0.54 percent. E) 5 percent.

Question 2

The aggregate demand curve shifts when any of the following factors change EXCEPT
 
  A) monetary policy.
  B) fiscal policy.
  C) the price level.
  D) expectations about the future.
  E) foreign income.

[iceage]

Answer to Question 1

E

Answer to Question 2

C

[jasdeep_brar]

TYSM

[atrochim]

Excellent