GDP tends to rise and fall during economic fluctuations but other measures follow the same pattern. One of these measures is
A. the annual precipitation rate.
B. the growth of the money supply.
C. the inflation rate.
D. the unemployment rate.
Answer: D
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An investor was promised an interest of 9 percent on a loan given out in 2007 that matured in 2011 . However, in real terms, he received an interest of only 7 percent in 2011 . This implies: a. the rate of inflation in 2011 was 7 percent. b. there was negative inflation in 2007
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