« previous next »

Author Question: If the nominal interest rate in an economy is 6 and the inflation rate in the economy is 10, then ... (Read 104 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
on: Jun 30, 2018
If the nominal interest rate in an economy is 6 and the inflation rate in the economy is 10, then the real interest rate is:
 
  A) -6. B) 10. C) 6. D) -4.

Question 2

If the MPS = 0.2, the multiplier would be
 
  A) 0.5. B) 1. C) 2. D) 5.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


annierak

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011 Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The Importance in the World Fossil Fuel Economy The Importance in the World Fossil Fuel Economy
Growing Interest in Sugar-Free Foods and Beverages Growing Interest in Sugar-Free Foods and Beverages
How to calculate invest at each rate How to calculate invest at each rate
A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ... A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ...
Video: Facilitated Diffusion - Glucose transport

For a complete list of videos, visit our video library