Suppose the Nominal Interest Rate Was 5 Percent and the Inflation

question 19

Multiple Choice

Suppose the nominal interest rate was 5 percent and the inflation rate was 3.5 percent.

• A) The dollar value of savings increased at 1.5 percent, and the value of savings measured in goods increased at 3.5 percent.
• B) The dollar value of savings increased at 3.5 percent, and the value of savings measured in goods increased at 1.5 percent.
• C) The dollar value of savings increased at 3.5 percent, and the value of savings measured in goods increased at 5 percent.
• D) The dollar value of savings increased at 5 percent, and the value of savings measured in goods increased at 1.5 percent.

---

Definitions:

Primary Key Field

A unique identifier for each record in a database table, ensuring that each entry is distinct.

Column Headings

The labels or titles displayed at the top of each column in tables or spreadsheets, used to identify the type of data contained in the column.

Relational Database

A Relational Database is a type of database that stores and provides access to data points that are related to one another.

One-to-many Relationships

A database connection where one record from a table is associated with several records in a different table.