In 2008,expected inflation exceeded inflation.In 2009,inflation exceeded expected inflation.Therefore the real interest rate was ________ than the expected real interest rate in 2008 and the real interest rate was ________ than the expected real interest rate in 2009.
A) less; less
B) less; greater
C) greater; less
D) greater; greater
Correct Answer:
Verified
Q88: In 2008,inflation exceeded expected inflation.In 2009,expected inflation
Q89: The U.S.inflation rate _ in the 1960s
Q90: The nominal interest rate minus the inflation
Q91: By how much does the CPI overstate
Q92: The CPI may overstate inflation for all
Q94: Two years ago,the GDP deflator for Old
Q95: The consumer price index (CPI)was 180 for
Q96: The Fed prefers to focus on inflation
Q97: Nominal government purchases were $2226.2 billion in
Q98: The Federal Reserve focuses on the inflation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents