You have 55000 in a savings account that pays 2% interest per year. The inflation rate that year is 3.24%
to calculate simple interest: Principal x Rate x Time= Interest

How much would you make in a year?:
How much would you need to have made for your spending power to keep up with the inflation that year?:
How much buying power did you lose that year because of inflation?:

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u. s. banks that cannot borrow elsewhere governments in developing countries during currency crises u. s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u. s. economy (the money supply), the federal reserve will government bonds.

In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate

Shawn received an e-mail offering a great deal on music, movie, and game downloads. he has never heard of the company, and the e-mail address and company name do not match. what should shawn do?