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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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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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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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