You deposited $2,000 in a savings account,and an year after you have $2,100.Meanwhile the CPI rises from 200 to 204.In this case ,the nominal interest rate is ________percent,and the real rate interest is________percent. a.1,5 b.3,5 c.5,1 d.5,3

You deposited $2,000 in a savings account,and an year after you have $2,100.Meanwhile the CPI rises from 200 to 204.In this case ,the nominal interest rate is percent,and the real rate interest ispercent. a.1,5 b.3,5 c.5,1 d.5,3

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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a.1,5

b.3,5

c.5,1

d.5,3

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