You Put Money into an Account and Earn a Real

question 178

Multiple Choice

You put money into an account and earn a real interest rate of 4 percent. Inflation is 2 percent, and your marginal tax rate is 25 percent. What is your after-tax real rate of interest?

• A)1.5 percent
• B)2.5 percent
• C)5.0 percent
• D)4.5 percent

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Definitions:

Medical Assistant

A healthcare professional who assists physicians in clinics and medical offices, often handling administrative and clinical tasks.

CPE

Continuing Professional Education, activities that professionals engage in to develop skills and increase knowledge.

Examination Instruments

Tools or devices used by healthcare professionals to conduct physical or diagnostic examinations.

Response To Sound

The reaction or behavior of an organism or device when exposed to auditory stimuli.