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Use the following to answer questions:
-(Table: Peanut Butter and Jelly Economy) Use Table: Peanut Butter and Jelly Economy. How much of the increase in nominal GDP between 2010 and 2011 was due to inflation?
Principal Amount
The initial size of a loan or debt on which interest is calculated, or the original investment amount in a financial instrument.
Maturity
The date on which a financial obligation must be repaid in full.
Zero-Coupon Bond
A debt security that does not pay interest but is traded at a deep discount, rendering profit at maturity when the bond is redeemed for its full face value.
Imputed Interest
The interest on a loan that the IRS assumes was paid for tax purposes, even if no actual interest payment was made.
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