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Author Question: Citicorp charges an 11 percent interest rate on all new car loans. If the inflation rate is 6 ... (Read 34 times)

jasdeep_brar

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on: Jun 29, 2018
Citicorp charges an 11 percent interest rate on all new car loans. If the inflation rate is 6 percent, Citicorp receives a real interest rate of
 
  A) 11 percent. B) 6 percent. C) 1.83 percent. D) 0.54 percent. E) 5 percent.

Question 2

The aggregate demand curve shifts when any of the following factors change EXCEPT
 
  A) monetary policy.
  B) fiscal policy.
  C) the price level.
  D) expectations about the future.
  E) foreign income.


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iceage

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Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

C


jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bitingbit

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  • Posts: 323
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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