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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Definitions:

Structured Observations

An observational research method where data is collected systematically according to a predefined scheme or protocol.

Participant Observations

A qualitative research method where the researcher actively engages in the community or environment being studied to gather detailed firsthand information.

Program Evaluation

A systematic method for collecting, analyzing, and using information to answer questions about projects, policies, and programs, particularly about their effectiveness and efficiency.

Data Collection Plan

A detailed strategy outlining the methods, timing, and resources necessary to gather information for a study or project.