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Other Fields Homework Help Economics Topic started by: marktrick on Sep 24, 2018



Title: Assume you save $1,000 in a bank account that pays 8 percent interest per year and the inflation ...
Post by: marktrick on Sep 24, 2018
Assume you save $1,000 in a bank account that pays 8 percent interest per year and the inflation rate is 3 percent. At the end of the year you have earned
A) a nominal return of $50.
B) a negative real return.
C) a real return of $50.
D) a real return of $80.


Title: Assume you save $1,000 in a bank account that pays 8 percent interest per year and the inflation ...
Post by: lunaam on Sep 24, 2018
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