Suppose that over the past year,the real interest rate was 5 percent and the inflation rate was 3 percent.It follows that
A)the dollar value of savings increased at 5 percent,and the purchasing power of savings increased at 2 percent.
B)the dollar value of savings increased at 5 percent,and the purchasing power of savings increased at 8 percent.
C)the dollar value of savings increased at 8 percent,and the purchasing power of savings increased at 2 percent.
D)the dollar value of savings increased at 8 percent,and the purchasing power of savings increased at 5 percent.

Question

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The Answer of Suppose that over the past year,the real interest rate was 5 percent and the inflation rate was 3 percent.It follows that
A)the dollar value of savings increased at 5 percent,and the purchasing power of savings increased at 2 percent.
B)the dollar value of savings increased at 5 percent,and the purchasing power of savings increased at 8 percent.
C)the dollar value of savings increased at 8 percent,and the purchasing power of savings increased at 2 percent.
D)the dollar value of savings increased at 8 percent,and the purchasing power of savings increased at 5 percent.

Suppose That Over the Past Year,the Real Interest Rate Was