This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Initially the nominal interest rate is 8 percent and the inflation rate is 5 percent. People know ... (Read 53 times)

MirandaLo

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


MirandaLo

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

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

For this bimolecular reaction, the rate constant k is second order For this bimolecular reaction, the rate constant k is second order
Sensory Crossover Device for Visually Impaired People Sensory Crossover Device for Visually Impaired People
Sensory Crossover Device for Visually Impaired People Sensory Crossover Device for Visually Impaired People
Outgroup role in relative rate test Outgroup role in relative rate test
Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ... Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ...
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Video: Lipid catabolism ( ketogenesis and oxidation of glycerol) and Lipid anabolism (lipogenesis)

For a complete list of videos, visit our video library