« previous next »

Author Question: If the real interest rate is 4 percent and the inflation rate is 3 percent, then the nominal ... (Read 64 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
If the real interest rate is 4 percent and the inflation rate is 3 percent, then the nominal interest rate is
 
  A) -1 percent. B) 1 percent. C) 3.5 percent. D) 7 percent.

Question 2

For a nation to have ________ in producing a good it must have a lower opportunity cost of producing that good than the other country.
 
  A) a comparative advantage
  B) an autarky advantage
  C) an absolute advantage
  D) both a comparative advantage and an absolute advantage


Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
How to calculate present value using the compound interest formula (Question 1) How to calculate present value using the compound interest formula (Question 1)
How to solve any percent error problem How to solve any percent error problem
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Marketing: Real People, Real Choices Marketing: Real People, Real Choices
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Video: Photosynthesis overview Animation

For a complete list of videos, visit our video library