This topic contains a solution. Click here to go to the answer

Author Question: Initially the nominal interest rate is 8 percent and the inflation rate is 5 percent. People know ... (Read 137 times)

MirandaLo

  • Hero Member
  • *****
  • Posts: 538
Initially the nominal interest rate is 8 percent and the inflation rate is 5 percent. People know that the inflation rate increases to 10 percent. What is the new nominal interest rate?
 
  A) 8 percent
  B) 3 percent
  C) 13 percent
  D) 11 percent

Question 2

In the computation of GDP, Social Security payments count as
 
  A) transfer payments and are included in GDP.
  B) transfer payments and are not included in GDP.
  C) government expenditure on goods and services and are included in GDP.
  D) government expenditure on goods and services and are not included in GDP.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macagn

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

C

Answer to Question 2

B




MirandaLo

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Excellent


ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

For a complete list of videos, visit our video library