The consumer price index was 200 in 2008 and 190 in 2009 . The nominal interest rate during this period was 4.5 percent. What was the real interest rate during this period?

a. - 0.75 percent
b. - 0.5 percent
c. 9.5 percent
d. 9.75 percent


c

Economics

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Suppose that the total fixed cost of producing five sailboats is $4,000 . total variable cost is $4,000 . and the total cost of producing six sailboats is $10,000 . The marginal cost of the sixth sailboat is:

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If the exchange rate of Euros to American dollars was €1.00 = $1.00 yesterday and today is €1.00 = $1.05, then:

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An open-market ________ of securities by the Fed results in a decrease in reserves and a decrease in the ________ money.

A. sale; supply of B. purchase; supply of C. sale; demand for D. purchase; demand for

Economics