The Consumer Price Index Was 200 in 2012 and 208

question 10

Multiple Choice

The consumer price index was 200 in 2012 and 208 in 2013.The nominal interest rate during this period was 9 percent.What was the real interest rate during this period?

• A)5.00 percent
• B)1.00 percent
• C)5.15 percent
• D)13.00 percent

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Definitions:

Passive Communication

A communication style where individuals fail to express their feelings or needs, often leading to miscommunication and conflict.

Easygoing

Describes someone or something that is relaxed, calm, and not easily upset or disturbed.

Written Copy

Text that has been transcribed or printed from one medium to another, often referring to a replicated document or manuscript.