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Author Question: If the nominal interest rate is 6.3 percent and the inflation rate is 7.2 percent, then the real ... (Read 47 times)

karen

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on: Jun 30, 2018
If the nominal interest rate is 6.3 percent and the inflation rate is 7.2 percent, then the real interest rate equals:
 a. - 13.5 percent.
  b. + 13.5 percent.
  c. - 0.9 percent.
  d. -7.2 percent.
  e. + 1.1 percent.

Question 2

The central question in economics is how to:
 a. regulate the supply of money.
 b. make the best use of scarce resources to satisfy our unlimited wants.
  c. reduce the wants of individuals, businesses and government.
 d. find more resources to satisfy everyone's wants.


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wfdfwc23

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

c

Answer to Question 2

b


karen

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Reply 2 on: Jun 30, 2018
Wow, this really help

lcapri7

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Reply 3 on: Yesterday
Excellent

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