When he was 18, Hussam put $100 into an account at an interest rate of 8 percent. He now has $158.69 in this account. For how many years did Hussam leave this money in his account?

a. 5 years
b. 6 years
c. 7 years
d. 8 years


b

Economics

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An increase in the real interest rate occurs when ________

A) monetary policy responds automatically to an increase in inflation B) expected inflation increases, relative to the nominal interest rate C) an increase in autonomous spending causes an increase in equilibrium output D) all of the above E) none of the above

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The change in the money supply in an economy is measured as:

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The difficulty in analyzing oligopolistic behavior arises from the

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Economics