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Author Question: The nominal rate of interest is equal to the real interest rate plus the inflation rate. a. True ... (Read 253 times)

anshika

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The nominal rate of interest is equal to the real interest rate plus the inflation rate.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If a person is concerned that an additional 1,000 income will move him/her into a new tax bracket, that person is worried about the:
 a. proportional rate.
  b. regressive tax rate.
  c. marginal tax rate.
  d. flat tax rate.



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voltaire123

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Answer to Question 1

True

Answer to Question 2

c





 

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