The CPI Was 225 in 2008 and 232

question 42

Multiple Choice

The CPI was 225 in 2008 and 232.2 in 2009.The nominal interest rate during this period was 1.4 percent.What was the real interest rate during this period?

• A)3.2 percent
• B)1.8 percent
• C)4.6 percent
• D)-3.2 percent
• E)-1.8 percent

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Social Networking

The use of dedicated websites and applications to interact with other users or to find people with similar interests to oneself.

Teenagers

Individuals typically aged between 13 and 19 years, undergoing the transition from childhood to adulthood.

Ration Resources

Involves the controlled distribution of scarce resources, goods, or services in order to ensure equitable and efficient use.

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The length of time that a service is provided or available to a client or customer.