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Author Question: If the nominal interest rate is 6.3 percent and the inflation rate is 7.2 percent, then the real ... (Read 39 times)

karen

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on: Jun 30, 2018
If the nominal interest rate is 6.3 percent and the inflation rate is 7.2 percent, then the real interest rate equals:
 a. - 13.5 percent.
  b. + 13.5 percent.
  c. - 0.9 percent.
  d. -7.2 percent.
  e. + 1.1 percent.

Question 2

The central question in economics is how to:
 a. regulate the supply of money.
 b. make the best use of scarce resources to satisfy our unlimited wants.
  c. reduce the wants of individuals, businesses and government.
 d. find more resources to satisfy everyone's wants.


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wfdfwc23

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


karen

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  • Posts: 537
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kusterl

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Reply 3 on: Yesterday
Excellent

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