Multiple Choice
If you lost $1,000 in cash in 2000 and found it again in 2009, the real purchasing power of this cash would have changed by
A) -6.2%
B) -3.8%
C) -3.2%
D) -2.6%
E) -1.8%
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q41: At age 18, you decided to bury
Q42: When inflation rises unexpectedly, it is generally
Q43: A small amount of inflation may be
Q44: The real return on a ten-year Treasury
Q45: If a one-year bond pays a fixed
Q47: An unanticipated increase in inflation will lead
Q48: Wage indexation<br>A)increases nominal wages periodically in accordance
Q49: If your parents promised to give you
Q50: If wages and prices were fully indexed,<br>A)there
Q51: What was the average real rate of