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Author Question: If inflation turns out to be higher than was anticipated, A) debtors are helped. B) debtors are ... (Read 54 times)

iveyjurea

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If inflation turns out to be higher than was anticipated,
 
  A) debtors are helped.
  B) debtors are hurt.
  C) debtors are neither helped nor hurt.
  D) The effect on debtors cannot be predicted.

Question 2

If your bank pays you 6 interest on a savings account and inflation is 2, your approximate real rate of interest is
 
  A) 2.
  B) 4.
  C) 8.
  D) 12.


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ghepp

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iveyjurea

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


chereeb

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Reply 3 on: Yesterday
Excellent

 

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