The real interest rate is:
A. the everyday notion of the interest rate.
B. adjusted for inflation.
C. the amount of interest the bank pays you for saving or charges you for borrowing.
D. the actual average interest rate in the economy.
B. adjusted for inflation.
Economics
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An increase in interest rates might be an example of a ________ policy for the purpose of ________
A) monetary; reducing inflation B) monetary; lowering unemployment C) monetary; increasing the quantity of money D) fiscal; reducing inflation E) fiscal; lowering unemployment
Economics
The long-run aggregate supply curve for an economy is always _____
a. vertical b. horizontal c. downward sloping d. upward sloping
Economics