If you had $2,000 in a savings account that paid 4% interest compounded annually, what would be the real value of your savings after two years if the annual inflation rate were 2%?
A. 2040
B. 2081
C. 2160
D. 1163
E. 2247
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If you had $4,000 in a savings bank that pays you 2% interest per year, what would be the real value of your savings after 2 years and the yearly inflation rate were 3% per year?
A. 3959
B. 4080
C. $4, 162
D. 4244
E. 4410
If a one-year bond pays a fixed interest rate of 2.5% per year and this year's inflation rate is 2.8%, what is your real rate of return?
A. 0.053
B. 0.028
C. 0.025
D. 0.003
E. -0.003
Which of the following is FALSE for the United States from 1960 to 2013?
A. black workers had consistently higher unemployment rates than white workers
B. teenagers had consistently higher unemployment rates than adult workers
C. male workers had consistently higher unemployment rates than female workers
D. the unemployment rate of teenage workers was never below 10 percent
E. the unemployment rate of white workers was never above 10 percent
Which of the following is FALSE for the unemployed in the United States?
A. in 2000, over 50 percent remained unemployed for less than 15 weeks
B. in 2000, less than 12 percent remained unemployed for more than 27 weeks
C. in 2009, less than 50 percent remained unemployed for less than 15 weeks
D. in 2009, over 40 percent remained unemployed for more than 27 weeks
E. in 2009, over 60 percent remained unemployed for less than 27 weeks
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