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Author Question: Other things equal, an increase in defense spending will increase the budget deficit. a. True b. ... (Read 95 times)

ap345

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on: Jun 30, 2018
Other things equal, an increase in defense spending will increase the budget deficit.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If two parties to a loan contract agree that the lender should earn an 8 percent increase in purchasing power as a result of a loan and if the inflation rate is 5 percent, the nominal interest rate is _____.
 a. 13 percent
  b. 8 percent
 c. 5 percent
 d. 3 percent
 e. 1 percent


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kristenb95

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

True

Answer to Question 2

a


ap345

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

xoxo123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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