Suppose That Over the Past Year,the Real Interest Rate Was

question 64

Multiple Choice

Suppose that over the past year,the real interest rate was 6 percent and the inflation rate was -2 percent.It follows that

• A)the dollar value of savings increased at 4 percent,and the purchasing power of savings increased at 6 percent.
• B)the dollar value of savings increased at 4 percent,and the purchasing power of savings increased at 8 percent.
• C)the dollar value of savings increased at 8 percent,and the purchasing power of savings increased at 4 percent.
• D)the dollar value of savings increased at 8 percent,and the purchasing power of savings increased at 6 percent.

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The unique attributes or circumstances that allow an organization or individual to outperform its competitors.

Competitive Advantage

The unique attributes or circumstances that allow an organization to outperform its competitors, resulting in greater sales, margins, and retention of customers.

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The optimization of resources to achieve the maximum output or effect for the minimum cost or expenditure.

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