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Author Question: If the nominal interest rate is 4 percent and the inflation rate is 1 percent, then the real rate of ... (Read 124 times)

nautica902

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on: Jun 30, 2018
If the nominal interest rate is 4 percent and the inflation rate is 1 percent, then the real rate of interest is
 
  A) 1 percent. B) 3 percent. C) 4 percent. D) 5 percent.

Question 2

When demand decreases and the demand curve shifts to the left, equilibrium price ________ and equilibrium quantity ________.
 
  A) increases; decreases B) decreases; increases
  C) decreases; decreases D) increases; increases


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Pswine

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


nautica902

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bigcheese9

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

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