If the supply of iPods increases, then i. the supply curve for ...

[sc00by25]

If the supply of iPods increases, then
  i. the supply curve for iPods has shifted rightward.
  ii. the price of iPods has decreased.
  iii. there will be a movement upward along the iPod supply curve.
 
  A) i and iii B) i only C) i and ii D) i, ii and iii E) ii and iii

Question 2

Suppose the nominal interest rate on a savings bond is 7 percent a year and the inflation rate is 4.5 percent a year. How much is the real interest rate?
 
  A) 4.5 percent B) 1.56 percent C) 2.5 percent D) 7 percent E) 11.5 percent

[peilian]

Answer to Question 1

B

Answer to Question 2

C

[sc00by25]

Gracias!

[connor417]

Thanks for the timely response, appreciate it