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 141 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
Gracias!


bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

For a complete list of videos, visit our video library