If the nominal interest rate is 13 percent and the anticipated rate of inflation is 8 percent, the real interest rate is

Refer to Table 19-18. What is the GDP deflator in 2011 if 2016 is the base year?

A) 187 B) 87 C) 8.7 D) 0.87

When the supply of a good decreases and its demand increases by the same amount: a. Price will change in the same direction as the shift in demand

b. Price will change in the same direction as the shift in supply. c. Quantity exchanged will change in the same direction as the shift in supply. d. Quantity exchanged will change in the same direction as the shift in demand.