1. You purchased a stock at a price of $45.82. The stock paid a dividend of $1.75 per share and the stock price at the end of the year is $51.67. What is the capital gains yield?

2. How would you increase inflation from under 2% in our United States economy to between 2 and 3 percent using monetary policy tools?

3. Last year, you purchased a stock at a price of $70.00 a share. Over the course of the year, you received $1.50 per share in dividends and inflation averaged 2 percent. Today, you sold your shares for $73.20 a share. What is your approximate real rate of return on this investment?