If the inflation rate is 5 percent and the real interest rate is 2.5 percent, then the nominal interest rate is
A) 10 percent. B) -2.5 percent. C) 2.5 percent. D) 7.5 percent. E) 2 percent.
Question 2
An example of the outlet substitution bias in the calculation of the CPI is a price increase in
A) a trip to Mexico for a couple that had previously taken vacations in Europe.
B) a 2014 Honda Civic relative to a 2004 Honda Civic.
C) GPS units versus AAA map books.
D) textbooks bought through the campus bookstore relative to textbooks via Craigslist.
E) olive oil versus vegetable oil.
Influence of substrate concentration on the rate of an enzyme-catalyzed reaction.
How to create a price index to calculate inflation for a basket of goods
Determining the order and rate constant of an irreversible first-order reaction
Growing Interest in Sugar-Free Foods and Beverages
Effect of Increasing the Investment Rate on the Steady State
AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ...