By Marks buys a one-year German government bond (called a bund) for $400. He receives principal and interest totaling $436 one year later. During the year the CPI rose from 150 to 162
The nominal interest rate on the bond was ________, and the real interest rate was ________. A) 9%; 1%
B) 9%; -1%
C) 36%; 24%
D) 36%; 12%
A
Economics
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Which of the following statements best describes the US economy between 1921 and 1928?
a. Most of the major sectors were growing very rapidly b. Hyperinflation led to large decreases in the standard of living c. Real average wage growth was stagnant d. Unemployment fluctuated dramatically
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What are the three different union strategies pursued to increase wages?
What will be an ideal response?
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