If the nominal interest rate is less than the rate of inflation, ...

[cherise1989]

If the nominal interest rate is less than the rate of inflation, the real interest rate:
 a. will be less than zero.
  b. will be equal to the nominal interest rate.
  c. will equal zero.
  d. will be greater than zero.
  e. will be equal to the rate of inflation.

Question 2

To be a positive economic statement, an assertion must be true.
 a. True
  b. False
  Indicate whether the statement is true or false

[jharrington11]

Answer to Question 1

a

Answer to Question 2

False

[cherise1989]

Wow, this really help

[xoxo123]

Thanks for the timely response, appreciate it