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Author Question: If the nominal interest rate in an economy is 6, and the rate of inflation in the economy is 4, the ... (Read 173 times)

anshika

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on: Jun 30, 2018
If the nominal interest rate in an economy is 6, and the rate of inflation in the economy is 4, the real interest rate in the economy is:
 
  A) 10. B) 24. C) 1.5. D) 2.

Question 2

The public debt is
 
  A) an excess of government spending over government revenues during a given time period.
  B) all federal government debt irrespective of who owns it.
  C) a situation in which the government's spending is exactly equal to the total taxes and other revenues it collects during a given time period.
  D) the total value of all outstanding federal government securities.


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orangecrush

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

D

Answer to Question 2

D


anshika

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Reply #2 on: Jun 30, 2018
Correct answers!


orangecrush

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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