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26 Jul 2019
Q1) A rise in the amount of inflation people expect causes:
a. The nominal interest rate to rise
b. The nominal interest rate to fall
c. The real interest rate to rise
d. The real interest rate to fall
Q2) Which of the following statements about credit cards is correct ?
a. Credit cards area a method of deferring payments.
b. Credit cards are included in measures of the quantity of money.
c. Credit cards are long term loans.
d. Credit cards are considered a form of money.
Q3) When RBA is trying to control rising inflation, it:
a. decreases the interest rate that financial institutions can earn on overnight loans of their currency.
b. targets inflation at 2
Q1) A rise in the amount of inflation people expect causes: a. The nominal interest rate to rise b. The nominal interest rate to fall c. The real interest rate to rise d. The real interest rate to fall Q2) Which of the following statements about credit cards is correct ? a. Credit cards area a method of deferring payments. Q3) When RBA is trying to control rising inflation, it: a. decreases the interest rate that financial institutions can earn on overnight loans of their currency. b. targets inflation at 2 |
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2 Jun 2021