QUESTION 20-QUESTION 22

QUESTION 20 0.075 points Save Answer If the nominal interest rate is 5 percent and the real interest rate is 2 percent, then the inflation premium is O 2 percent. 8 percent. O 3 percent. O 5 percent. QUESTION 21 0.075 points Save Answer In 2010, Tatum's nominal income rose by 4.6 percent and the price level rose by 1.6 percent. We can conclude that Tatum's real income O fell by approximately 13 percent. rose by approximately 6.2 percent. rose by approximately 3 percent. O may have either increased or decreased. QUESTION 22 0.075 points Save Answer Official unemployment statistics O include cyclical and structural unemployment but not frictional unemployment. understate unemployment because discouraged workers are not counted as unemployed. overstate unemployment because workers who are involuntarily working part time are counted as being employed. understate unemployment because individuals receiving unemployment compensation are counted as employed