Author Question: When the inflation rate is negative, the A) real interest rate is greater than the nominal ... (Read 141 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
When the inflation rate is negative, the
 
  A) real interest rate is greater than the nominal interest rate.
  B) real interest rate is less than the nominal interest rate.
  C) nominal interest rate is zero.
  D) real interest rate equals the nominal interest rate.

Question 2

After you finish your degree, suppose your salary is 52,000 per year. This is an example of money as
 
  A) a medium of exchange.
  B) a unit of account.
  C) a store of value.
  D) M1.



Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library