The Consumer Price Index Was 200 in 2008 and 190

question 51

Multiple Choice

The consumer price index was 200 in 2008 and 190 in 2009.The nominal interest rate during this period was 4.5 percent.What was the real interest rate during this period?

• A)- 0.75 percent
• B)- 0.5 percent
• C)9.5 percent
• D)9.75 percent

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Definitions:

Refined Carbohydrates

Carbohydrates that have been processed to remove the bran and germ, resulting in a loss of fiber and nutrients.

Sugar

A sweet-flavored substance derived from sugarcane or sugar beet, used predominantly as a sweetener in food and drinks.

Partying With A Plan

Approaching social gatherings with strategies to ensure they are enjoyable, safe, and aligned with one's responsibilities and goals.

No Drinking

A personal or societal choice to abstain from consuming alcoholic beverages.