The table above has information about the CPI, nominal wage rate, and nominal interest rate for the country of Syldavia for the years 2010 to 2012. The reference base year is 2010. The real interest rate in Syldavia during 2012 was
A) 2.8 percent.
B) 5.2 percent.
C) 9.0 percent.
D) 0.6 percent.
E) 8.4 percent.
D
You might also like to view...
Under fiscal stabilization policy in the New Keynesian model, after a positive shock to output,
A) the government increases expenditures and the central bank increases the money supply. B) the government increases expenditures and the central bank decreases the money supply. C) the government decreases expenditures and the central bank increases the money supply. D) the government decreases expenditures and the central bank decreases the money supply.
If you intend to begin jogging one week from today, and next week tell yourself you'll begin in another week, your preferences are:
A. revealed from your actions. B. more accurate in the future. C. irrational. D. time inconsistent.
Which of the following would raise the price level in both the short and long run?
a. an increase in taxes b. an increase in government expenditures c. a decrease in the minimum wage d. an increase in the capital stock
All of the following are important sources of growth except:
A. capital accumulation. B. decreasing returns to scale. C. institutions with incentives compatible with growth. D. technological development.