Barbara is willing to loan $10,000 if she can earn a real interest rate of 6 percent. Everything else the same, if the inflation rate is 2 percent, she would agree to loan the $10,000 if the nominal interest rate is
A) 3 percent. B) 10 percent. C) 4 percent. D) 12 percent. E) 8 percent.
E
Economics
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How has the distribution of income in the United States changed over the last 20 years?
(A) It has become more equal. (B) It has become less equal. (C) It has not changed appreciably. (D) It became more equal for about 10 years but has become less equal.
Economics
Which of the following pricing policies best identifies when a product should be expanded, maintained, or discontinued?
a. full-cost pricing policy b. target-pricing policy c. marginal-pricing policy d. market-share pricing policy e. markup pricing policy
Economics