If the nominal interest rate is 6 percent, the inflation rate is 5 percent and if the tax rate is 30 percent, what is the real after tax return?
A) 1.8 percent
B) -.8 percent
C) 2 percent
D) .8 percent
Correct Answer:
Verified
Q40: Which of the following is true?
A)Achieving full
Q41: If the real interest rate rises relative
Q42: Which of the following is false?
A)As the
Q43: Which of the following is false?
A)To be
Q44: If the nominal interest rate is 6
Q46: If market participants expect the Fed to
Q47: Which of the following causes the aggregate
Q48: Which of the following shifts the short-run
Q49: If the Fed increases demand in response
Q50: When policymakers increase aggregate demand in response
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