Question :
111.Duringacertainyear,thenominalinterestratewas8percent,therealinterestratewas3percent,andtheCPIwas176.7atthebeginningoftheyear.TheCPIattheendoftheyearwas
a.196.1.
b.185.5.
: 1261715
111.Duringacertainyear,thenominalinterestratewas8percent,therealinterestratewas3percent,andtheCPIwas176.7atthebeginningoftheyear.TheCPIattheendoftheyearwas
a.196.1.
b.185.5.
c.168.3.
d.159.2.
112.Duringacertainyear,thenominalinterestratewas7percent,therealinterestratewas4percent,andtheCPIwas198.3attheendoftheyear.TheCPIatthebeginningoftheyearwas
a.204.2
b.192.5
c.178.6
d.220.1
113.Duringacertainyear,theconsumerpriceindexincreasedfrom120to132andthepurchasingpowerofaperson’sbankaccountincreasedby4percent.Forthatyear,
a.thenominalinterestratewas6percent.
b.thenominalinterestratewas14percent.
c.theinflationratewas12percent.
d.theinflationratewas9percent.
114.TheCPIwas220in2012and231in2013.Phil borrowedmoneyin 2012andrepaid theloanin 2013.Ifthe nominalinterestrateontheloanwas10percent,thentherealinterestratewas
a.-5percent.
b.-1percent.
c.5percent.
d.3.2percent.
115.Supposethatoverthepastyear,therealinterestratewas3percentandtheinflationratewas1percent.Itfollowsthat
a.thedollarvalueofsavingsincreasedat2percent,andthepurchasingpowerofsavingsincreasedat3percent.
b.thedollarvalueofsavingsincreasedat2percent,andthepurchasingpowerofsavingsincreasedat4percent.
c.thedollarvalueofsavingsincreasedat4percent,andthepurchasingpowerofsavingsincreasedat2percent.
d.thedollarvalueofsavingsincreasedat4percent,andthepurchasingpowerofsavingsincreasedat3percent.
116.Supposethatoverthepastyear,therealinterestratewas6percentandtheinflationratewas-2percent.Itfollowsthat
a.thedollarvalueofsavingsincreasedat4percent,andthepurchasingpowerofsavingsincreasedat6percent.
b.thedollarvalueofsavingsincreasedat4percent,andthepurchasingpowerofsavingsincreasedat8percent.
c.thedollarvalueofsavingsincreasedat8percent,andthepurchasingpowerofsavingsincreasedat4percent.
d.thedollarvalueofsavingsincreasedat8percent,andthepurchasingpowerofsavingsincreasedat6percent.
117.Supposethatoverthepastyear,therealinterestratewas5percentandtheinflationratewas3percent.Itfollowsthat
a.thedollarvalueofsavingsincreasedat5percent,andthepurchasingpowerofsavingsincreasedat2percent.
b.thedollarvalueofsavingsincreasedat5percent,andthepurchasingpowerofsavingsincreasedat8percent.
c.thedollarvalueofsavingsincreasedat8percent,andthepurchasingpowerofsavingsincreasedat2percent.
d.thedollarvalueofsavingsincreasedat8percent,andthepurchasingpowerofsavingsincreasedat5percent.
118.Supposethatoverthepastyear,therealinterestratewas6percentandtheinflationratewas4percent.Itfollowsthat
a.thedollarvalueofsavingsincreasedat6percent,andthepurchasingpowerofsavingsincreasedat2percent.
b.thedollarvalueofsavingsincreasedat6percent,andthepurchasingpowerofsavingsincreasedat10percent.
c.thedollarvalueofsavingsincreasedat10percent,andthepurchasingpowerofsavingsincreasedat2percent.
d.thedollarvalueofsavingsincreasedat10percent,andthepurchasingpowerofsavingsincreasedat6percent.
119.Supposethatoverthepastyear,thenominalinterestratewas5percent,theCPIwas150.3attheendoftheyear,andtheCPIwas144.2atthebeginningoftheyear.Itfollowsthat
a.thedollarvalueofsavingsincreasedat5percent,andthepurchasingpowerofsavingsincreasedat0.8percent.
b.thedollarvalueofsavingsincreasedat5percent,andthepurchasingpowerofsavingsincreasedat9.2percent.
c.thedollarvalueofsavingsincreasedat0.8percent,andthepurchasingpowerofsavingsincreasedat5percent.
d.thedollarvalueofsavingsincreasedat9.2percent,andthepurchasingpowerofsavingsincreasedat5percent.
120.Supposethatoverthepastyear,therealinterestratewas3percent,theCPIwas126.2atthebeginningoftheyear,andtheCPIwas129.5attheendoftheyear.It followsthat
a.thedollarvalueofsavingsincreasedat5.6percent,andthepurchasingpowerofsavingsincreasedat3percent.
b.thedollarvalueofsavingsincreasedat0.4percent,andthepurchasingpowerofsavingsincreasedat3percent.
c.thedollarvalueofsavingsincreasedat3percent,andthepurchasingpowerofsavingsincreasedat5.6percent.
d.thedollarvalueofsavingsincreasedat3percent,andthepurchasingpowerofsavingsincreasedat0.4percent.