Multiple Choice
During a certain year,the nominal interest rate was 8 percent,the real interest rate was 3 percent,and the CPI was 176.7 at the beginning of the year.The CPI at the end of the year was
A) 196.1.
B) 185.5.
C) 168.3.
D) 159.2.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q44: In 1970,Professor Plum earned $12,000;in 1980,he earned
Q45: If the nominal interest rate is 8
Q46: The CPI was 96 in 1982,and the
Q47: Scenario 24-2<br>The price tag on a golf
Q48: Iggie took a university teaching job as
Q50: The consumer price index was 225 in
Q51: The consumer price index was 200 in
Q52: When box office receipts are not corrected
Q53: In the United States,nominal interest rates were<br>A)high
Q54: If the nominal interest rate is 5