Suppose that over the past year, the real interest rate was 3 percent, the cpi was 126.2 at the beginning of the year, and the c

Question

3 years ago

11

Suppose that over the past year, the real interest rate was 3 percent, the cpi was 126.2 at the beginning of the year, and the c

pi was 129.5 at the end of the year. it follows that
a. the dollar value of savings increased at 5.6 percent, and the purchasing power of savings increased at 3 percent.
b. the dollar value of savings increased at 3 percent, and the purchasing power of savings increased at 5.6 percent.
c. the dollar value of savings increased at 0.4 percent, and the purchasing power of savings increased at 3 percent.
d. the dollar value of savings increased at 3 percent, and the purchasing power of savings increased at 0.4 percent.

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1 answer:

Orlov [11] · Answer 1 · 2021-11-21T17:37:32+03:00

Orlov [11]3 years ago

3 0

A is the answer of these questions you had ask....