If the market rate of interest is 13%, the growth of nominal GDP 9%, and the growth of real GDP 2%, then
A) the rate of inflation is 11%.
B) the rate of inflation is 4%.
C) the rate of inflation cannot be determined.
D) none of the above
D
Economics
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During the antebellum period, rapid economic growth was accompanied by significant changes in public economics and policy-making
Indicate whether the statement is true or false
Economics
The 19th century frontier, as technically defined in census reports, was any area
a. west of the Appalachian Mountains. b. containing more than two and less than six people per square mile. c. without a sheriff and recognized local government. d. that had not been surveyed according to provisions of the Land Ordinance of 1785.
Economics