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Author Question: If inflation turns out to be higher than was anticipated, A) debtors are helped. B) debtors are ... (Read 88 times)

iveyjurea

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If inflation turns out to be higher than was anticipated,
 
  A) debtors are helped.
  B) debtors are hurt.
  C) debtors are neither helped nor hurt.
  D) The effect on debtors cannot be predicted.

Question 2

If your bank pays you 6 interest on a savings account and inflation is 2, your approximate real rate of interest is
 
  A) 2.
  B) 4.
  C) 8.
  D) 12.


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ghepp

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iveyjurea

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Reply 2 on: Jul 1, 2018
Excellent


flexer1n1

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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