In the above figure, the distance between points S and T ...

[danielfitts88]

In the above figure, the distance between points S and T represents
 
  A) an expansion.
  B) a trough.
  C) a peak.
  D) a recession.

Question 2

In January 2013, you can put your savings in a Bank of America account and be paid 2 percent per year. During 2013, suppose the inflation rate is 3.4 percent. In 2013 you earned a real interest rate of
 
  A) 0.59 percent.
  B) 6.8 percent.
  C) 1.4 percent.
  D) -1.4 percent.

[alexisweber49]

Answer to Question 1

D

Answer to Question 2

D