Mehra adds to the accumulating evidence that changes in taxes on interest income alter the nominal interest rate. He suggests that unusual interest rates occurred in the 1970s, when the after-tax real rate was negative because of rising inflation and shocks to the supply side of the economy, ...
Suppose the nominal interest rate is 10 percent, the tax rate on interest income is 28 percent, and the inflation rate is 6 percent. Then the after-tax real interest rate is -3.2 percent. A.错误 B.正确 点击查看答案手机看题 你可能感兴趣的试题 多项选择题 知识产权又称( )。 A. 知识所...
This formula is very sensitive to changes in nominal interest rate levels and in particular, during inflationary periods it acts so as to dramatically increase the tax burden of life insurancesavings.Life insurance savings is therefore an example of the non-neutrality of monetary policy. This is ...
You put money into an account that earns a 5% nominal interest rate. The inflation rate is 2%, and you marginal tax rate is 20%. what is your after-tax real rate of interest? A. 3.6% B. 2.4% C. 2% D. Consider the following cash flow diagram. What is the value of X if the ...
In the article, we tested the linkage between interest rate and exchange rate measured the nominal RMB rate, based on the forward-looking Taylor rule with exchange rate item added which was put forward by Danne, Christian & Schnabl, Gunther(2008) in the practice of China. The empirical study...
工程经济课后答案（Engineering economy after the answer）The first chapter 1. what is the engineering economics?Answer: is the principle and method of engineering economy analysis based on knowledge engineering and economics integration and the formation of engineering economy, technology of various ...
tax revenues are collapsing 税收锐减 live with 学会去适应;接受并忍受 【例句】For the moment, however, the government is happy to live with it.不过目前政府对此还乐于容忍。 An astonishing deterioration in the public finances is unfolding (see Briefing). America’s government is set to run a def...
After-tax real rate of return Moneyafter-tax rate of return minus the inflation rate. Cash The value of assets that can be converted intocashimmediately, as reported by a company. Usually includes bank accounts and marketable securities, such as government bonds and Banker's Acceptances.cash ...
工程经济课后答案(Engineering economy after the answer) The first chapter 1. what is the engineering economics? Answer: is the principle and method of engineering economy analysis based on knowledge engineering and economics integration and the formation of engineering economy, technology of various proje...
tax & revenues therubbleand smokeof 1945 · 特指二战末期 An astonishingdeteriorationin the public finances isunfolding(see Briefing). America's government is set to run a deficit of 15% of GDP this year—a figure that will go up if more stimulusis needed. Across the rich world, theIMFsay...