Question 4. (30 points) Deposit $1,000 in bank for one year. Consider the following two cases. Case 1: inflation rate P = 0, interest rate R = 10%; Case 2: inflation rate P = 10%, interest rate R = 20%.
申論題內容
(a) In which case, how does the real value of your deposit grow? Case 1: _________________ Case:2:_________________