Which of the following is a factor influencing the demand for money?

Expected utility is a weighted average in which the weights are

A) average incomes. B) marginal incomes. C) total incomes. D) probabilities.

Suppose you borrow $2,000 for one year and at the end of the year you repay the $2,000 plus $110 of interest. If the expected inflation rate was 2.2% at the time you took out the loan, what was the real interest rate you paid?

A) 2.2% B) 3.3% C) 5.5% D) 7.7%