You Put Money into an Account and Earn a Real

question 81

Multiple Choice

You put money into an account and earn a real interest rate of 6 percent.Inflation is 3 percent,and your marginal tax rate is 20 percent.What is your after-tax real rate of interest?

• A)4.8 percent
• B)5.4 percent
• C)7.2 percent
• D)4.2 percent.

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Definitions:

Maslow

Psychologist Abraham Maslow, known for formulating the Hierarchy of Needs, which outlines a progression of human needs from physiological to self-actualization.

Posttraumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a terrifying event, causing flashbacks, nightmares, and severe anxiety.

Traumatic Event

An incident that causes psychological, physical, or emotional distress or harm, often leading to lasting mental health issues.

Emotional Support

Assistance provided through empathy and concern, offering comfort and reassurance during times of stress.