[Answered] The nominal rate of interest is equal to the real interest rate plus the inflation rate. a. True ...

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 233 times)

anshika

Hero Member
Posts: 510

on: Jun 30, 2018

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.

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

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

c

anshika

Hero Member
Posts: 510

Reply #2 on: Jun 30, 2018

Thank you

voltaire123

Sr. Member
Posts: 301

Reply #3 on: Jun 30, 2018

Happy to help you

« previous next »

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Determining the order and rate constant of an irreversible first-order reaction

How to calculate simple interest (Part 3)

Population growth rate %

Determine the nominal annual rate of interest of the following ordinary general annuity.

Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ...

Real skeleton of a lion

Author Question: The nominal rate of interest is equal to the real interest rate plus the inflation rate. a. True ... (Read 233 times)

Related Topics

Need homework help now?