If the inflation rate is 5 percent and the real interest rate is 2.5 percent, then the nominal interest rate is
A) 10 percent. B) -2.5 percent. C) 2.5 percent. D) 7.5 percent. E) 2 percent.
Question 2
An example of the outlet substitution bias in the calculation of the CPI is a price increase in
A) a trip to Mexico for a couple that had previously taken vacations in Europe.
B) a 2014 Honda Civic relative to a 2004 Honda Civic.
C) GPS units versus AAA map books.
D) textbooks bought through the campus bookstore relative to textbooks via Craigslist.
E) olive oil versus vegetable oil.
A nurse adjusts the rate of a client’s IV.
Cause of Inflation
A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president
Population growth and growth rate, 1950 - 2100
The level of future emissions is closely linked to the rate of population growth
Total Fertility Rate in Japan: Actual versus Forecast