Question 48 if the nominal interest rate is 7 percent

This preview shows page 18 - 19 out of 19 pages.

Question 48If the nominal interest rate is 7 percent and expected inflation is 4.5 percent, then what is the expectedreal interest rate?4.5 percent11.5 percent7 percent2.5 percentCorrect!
2 / 2 ptsQuestion 49
0 / 2 ptsQuestion 50If the Fed conducts open­market purchases, the money supplydecreases and aggregate demand shifts left.You Answered
5/18/2017Final Chapters 13, 15, 16 to 18, and 20 to 21 (Macro): ECON175-60838 Principles of Macro EconomicsCorrect Answer
19/19Quiz Score:90out of 100
End of preview. Want to read all 19 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Spring
Professor
N/A
Tags
Economics, Microeconomics, Macroeconomics, Unemployment, Macro Economics, final chapters

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture