menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
When the rate of inflation is equal to the interest rate on beth's deposit, the purchasing power of her depositrises over the course of the year?
Ask a Question
Questions
Unanswered
Tags
Ask a Question
When the rate of inflation is equal to the interest rate on beth's deposit, the purchasing power of her depositrises over the course of the year?
asked
Apr 22, 2019
225k
views
4
votes
When the rate of inflation is equal to the interest rate on beth's deposit, the purchasing power of her depositrises over the course of the year?
Business
high-school
GMAC
asked
by
GMAC
8.1k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
0
votes
Her purchasing power over the year remains the same.
Since the prices (inflation) rise with the same pace as the value of the money (interest rate), Beth can keep buying the same amount of products. Her purchasing power remains equal.
Umakanta
answered
Apr 26, 2019
by
Umakanta
8.3k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Oct 22, 2024
130k
views
This year Beth is twice as old as Adra. If x represents Adra's age now, which expression represents Beth's age one year ago?
Pushpendre
asked
Oct 22, 2024
by
Pushpendre
8.0k
points
Mathematics
high-school
1
answer
5
votes
130k
views
asked
Jun 24, 2024
135k
views
problem: report error andy's lawn has twice as much area as beth's lawn and three times as much area as carlos' lawn. carlos' lawn mower cuts half as fast as beth's mower and one third as fast as andy's
Nytrix
asked
Jun 24, 2024
by
Nytrix
7.3k
points
Mathematics
high-school
1
answer
5
votes
135k
views
asked
Jul 1, 2024
107k
views
Beth has $13.50 and earns $8 per hour. What is Beth’s initial value?
Honzajde
asked
Jul 1, 2024
by
Honzajde
7.8k
points
Mathematics
high-school
1
answer
1
vote
107k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Categories
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is meant by data mining ?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org