Question
need help A bank is expecting an increase in prices in the coming year by 10%, In order to receive real income of 4% per
need help
A bank is expecting an increase in prices in the coming year by 10%, In order to receive real income of 4% per annum, the bank should set the nominal interest rate at the minimum of...
a.
7.5%
b.
14.4%
c.
14%
d.
6%
At the beginning of the year you bought a share for $500, and then sold it for $700 at the end of the year. The inflation rate for the year was 20%. Net profit was taxed at 35%. Thus the loss associated with distortionary taxation in the face of inflation equal to...
a.
$56
b.
$35
c.
$30
d.
$75
Economic growth is...
:
a.
absolute variation in real GDP
b.
absolute variation in nominal GDP
c.
relative variation in nominal GDP
d.
relative variation in real GDP
The reason for the intensive economic growth can be:
:
a.
the labor capacity increase because of the new generation computers use
b.
the discovery of new natural gas deposits
c.
the increase of the working week duration
d.
the expansion of the area under cultivation
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