Incorrect Question 4 0 / 1 pts Which of the following is true about interest rates and inflation? c. If a savings account advertises an interest rate of 1%, this is the real interest rate. O d. If a savings account advertises an interest rate of 1%, this is the nominal interest rate. a. If inflation goes up, the real interest rate will go down. O e. Both (a) and (d) are true. O b. If inflation goes up, the real interest rate will go up.Incorrect Question 8 0 / 1 pts If the government wants to close a recessionary gap of 30, by how much should they initially increase spending? O a. 30 O d. 21 O e. 18 O b. 27 c. 22 Unanswered Question 9 0 / 1 pts If a household receives, 1000 in new income, how much of that will they save? les b. 500 O a. 400 O d. 700 O c. 600 e. 800Incorrect Question 7 0 / 1 pts Use the following information to answer questions 6-8. An economy has the following dimensions: o Autonomous consumption = 100 o MPC = 0.4 0 1=40 0 G=30 o T=50 6: What is equilibrium GDP? O d. 350 O a. 200 O b. 250 c. 300 vices O e. 400