A Positive Nominal Interest Rate Indicates

question 23

Multiple Choice

A positive nominal interest rate indicates

• A) how fast the number of dollars in your savings account is rising over time.
• B) how fast the purchasing power of your savings account is rising over time.
• C) the number of dollars in your savings account today.
• D) the purchasing power in your savings account today.

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Definitions:

POP

Post Office Protocol, a protocol used by local e-mail clients to retrieve e-mails from a remote server over an Internet connection.

SMTP

Simple Mail Transfer Protocol, a protocol used in the transmission of email messages over the Internet.

POP3

Stands for Post Office Protocol version 3, a standard protocol used by email clients to retrieve emails from a server.

SMTP

Simple Mail Transfer Protocol, a protocol for sending email messages between servers.