When AD moves to the right, the supply and quantity increase so I think it would be C
Answer:
Explanation:The presidential election of 1824 represents a watershed in American politics. The collapse of the Federalist Party and the illness of the "official candidate" of the Democratic-Republicans led to a slate of candidates who were all Democratic-Republicans.
Answer:
C. Real Interest Rate = 2% and Nominal Rate = 5%
Explanation:
Given
Nominal Interest Rate = 5%
Expected Inflation Rate = 3%
Required
The new nominal rate
The real interest rate
First; We'll need to calculate the real interest rate
New Nominal Rate is calculated as thus;
Convert to Percentage
(Approximated)