subject : Macroeconomics please help me with this a and b it important a: If you wanted to compare the growth rate of t

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answerhappygod
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subject : Macroeconomics please help me with this a and b it important a: If you wanted to compare the growth rate of t

Post by answerhappygod »

subject : Macroeconomics
please help me with this a and b it
important
a: If you wanted to compare the growth rate of
two different economies and you saw both country A grew at a real
rate of 5%, and country B grew at a nominal rate of 5%, would you
conclude that country A and B both expanded production by 5% that
year? Explain.
b: If the nominal rate of interest in 2020 was 4% and the
inflation rate was 5%. In 2021 the real rate of interest was 1%,
what you think will happen to the demand for buying a house or
apartment in 2021. Explain.
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