Tuesday
October 21, 2014

Homework Help: macroeconomics

Posted by bill on Wednesday, March 18, 2009 at 10:39pm.

Suppose you were borrowing money to buy a car. Which of these situations would you prefer:The interest rate on your car loan is 20 percent and the inflation rate is 19 percent or the interest rate on your car loan is 5 percent and the inflation rate is 2 percent? explain

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

macro - Suppose you were borrowing money to buy a car. Which of these situations...
Algebra - This assignment is about a car loan. A financial institution in your ...
eco - Suppose a person pays $80 of annual interest on a loan that has a 5 ...
macroeconomics - Assume that a series of inflation rates is 1 percent, 2 ...
Macroeconomics - Assignment Question I can't find an answer too: Assume that a ...
Macroeconomics - Assignment Question I can't find an answer too: Assume that a ...
macroeconomics - If the operators of the golf course revised their revenue ...
AP Macroeconomics - 3. You buy a certificate of deposit (CD) that pays a nominal...
Economics - The formula given was: (real rate of interest) = (nominal rate of ...
Strayer university - Suppose that the Fed's inflation target is 2%, potential ...

Search
Members