Referring to Table 12.2, if the nominal interest rate is 8.5 ...

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Referring to Table 12.2, if the nominal interest rate is 8.5 percent and there is no inflation, which investments will be undertaken?
 
  A) D, E B) E C) C, E D) none of the above

Question 2

An example of a U.S. export is
 
  A) diamonds mined in Africa sold to buyers in South America.
  B) a TV made in China sold to a buyer in Azerbaijan.
  C) matchbooks made in Mexico sold to a buyer in New Jersey.
  D) a washing machine made in Indiana sold to a buyer in France.
  E) pasta made in Italy sold to buyers in Spain.

[shewald78]

Answer to Question 1

B

Answer to Question 2

D