You Put Money into an Account and Earn a Real

question 51

Multiple Choice

You put money into an account and earn a real interest rate of 5 percent. Inflation is 2 percent, and your marginal tax rate is 40 percent. What is your after-tax real rate of interest?

• A)1 percent
• B)1.8 percent
• C)2.2 percent
• D)4.2 percent

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Definitions:

Transduction

Transduction is the process by which foreign DNA is introduced into a cell by a virus or viral vector.

Conjugation

A form of genetic transfer in bacteria and some other organisms wherein genetic material is directly transferred from one cell to another through a physical bridge between the cells.

Genetic Material

The molecules that carry the genetic information in living organisms, primarily DNA and RNA.

Direct Contact

A mode of transmission for diseases or information that involves physical touch or close proximity between individuals.