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Questions are on the picture 1. Your wealthy uncle gave you $100.000 in stocks on January 1, 2002. If the value of your stocks increases

Questions are on the picture

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1. Your wealthy uncle gave you $100.000 in stocks on January 1, 2002. If the value of your stocks increases at 10% a year. in how many years will you have $200,000? [use the rule of T0} 2. Your boss gave you a raise of 2% during a year in which ination increased by 4%. IN percentage terms, what happened to your real income? 3. The nominal interest rate is 0% and the inflation rate is 6%. what is the real rate of interest? 4. If the real rate of interest is 2%. and the expected rate of inflation is 3%. then the nominal rate of interest is: 5. Give an example to show that the nominal rate of interest can be negative

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