Author Question: When the inflation rate is positive, the A) real interest rate is greater than the nominal ... (Read 75 times)

awywial

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When the inflation rate is positive, 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

A 25,000 price tag on a new car is an example of money as
 
  A) a medium of exchange.
  B) a unit of account.
  C) a store of value.
  D) a time deposit.



lkanara2

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Answer to Question 1

B

Answer to Question 2

B



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