This topic contains a solution. Click here to go to the answer

Author Question: The nominal rate of interest is equal to the real interest rate plus the inflation rate. a. True ... (Read 180 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
The nominal rate of interest is equal to the real interest rate plus the inflation rate.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If a person is concerned that an additional 1,000 income will move him/her into a new tax bracket, that person is worried about the:
 a. proportional rate.
  b. regressive tax rate.
  c. marginal tax rate.
  d. flat tax rate.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

True

Answer to Question 2

c





 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

For a complete list of videos, visit our video library