Author Question: Citicorp charges an 11 percent interest rate on all new car loans. If the inflation rate is 6 ... (Read 55 times)

jasdeep_brar · **on:** Jun 29, 2018

Citicorp charges an 11 percent interest rate on all new car loans. If the inflation rate is 6 percent, Citicorp receives a real interest rate of

A) 11 percent. B) 6 percent. C) 1.83 percent. D) 0.54 percent. E) 5 percent.

Question 2

The aggregate demand curve shifts when any of the following factors change EXCEPT

A) monetary policy.
B) fiscal policy.
C) the price level.
D) expectations about the future.
E) foreign income.