You put money into an account that earns an 8 percent nominal interest rate. The inflation rate is 5 percent, and your marginal tax rate is 10 percent. What is your after-tax real rate of interest?

a. 2.2 percent
b. 2.7 percent
c. 11.7 percent
d. 7.7 percent

a

Economics

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Cartels are: a. difficult to organize

b. difficult to preserve. c. especially unlikely to succeed if the members sell many varied products. d. all of the above.

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A corporation is limited to how many owners?

A) 1 B) 2 C) less than 10 D) There is no limit to the number of owners.

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