If the Fed's policy reaction function equals r = .02 + p, where r is the real interest rate, p is the inflation rate. When the inflation rate is zero, then the real interest rate will:

In the short run, a firm may have accounting losses and remain in operation

a. True b. False Indicate whether the statement is true or false

Public schools

A) allow students to get an education without incurring any opportunity cost. B) provide education at a price below the market price. C) provide education at a price above the market price. D) have done a better job of educating their students in science, math, reading, and writing as the subsidies they receive have increased over the years.