This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the nominal interest rate is 1 and the rate of inflation is 3. The real interest rate is ... (Read 160 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
Suppose the nominal interest rate is 1 and the rate of inflation is 3. The real interest rate is therefore
 
  A) -2.
  B) 2.
  C) 4.
  D) 5.

Question 2

Lu Thier is an accomplished violin and viola maker. He can make either 6 violins or 6 violas each year, or a combination such as 3 violins and 3 violas. Which statement below is true?
 
  A) The opportunity cost of producing 1 violin is 1 viola.
  B) The opportunity cost of producing 1 violin is 3 violas.
  C) The opportunity cost of producing 1 violin is 6 violas.
  D) The opportunity cost of producing 1 violin is 9 violas.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kthug

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


jayhills49

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Jun 29, 2018
Correct answers!


kthug

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was
Parabola Real World Example Parabola Real World Example
How to calculate compound interest (Part 1) How to calculate compound interest (Part 1)
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Determine the # of real roots from the equation Determine the # of real roots from the equation
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
Video: Heart sounds

For a complete list of videos, visit our video library