If actual inflation was 4 percent over the past year and you owned a one-year bond that paid 6 percent interest, what was your after-tax realized real interest rate if your tax rate was 15 percent?
A. ?0.6 percent
B. 0.0 percent
C. 1.1 percent
D. 2.0 percent
Answer: C
You might also like to view...
Which of the following refers to a policy or a program that tries to respond to instances of past discrimination by implementing proactive measures to ensure equal opportunity today?
A. Affirmative action B. Gentrification C. Bully Broads D. Just cause
Demographic segmentation is best described as using characteristics of ________ to segment the market.
A. economics B. political stability C. geography D. human populations E. government regulations
You cannot increase your basic IQ, but you can increase the quality of your ________.
A. thinking B. life C. procedures D. IS system E. habits
No consistent project management process is in place in which of the following Project Management Maturity Model Levels?
A. Ad hoc project management B. Formal application of project management C. Institutionalization of project management D. Management of project management system E. Optimization of project management system