What is the exact nominal interest rate, when the real interest rate is 5% and the expected inflation rate is 15%?
a. 5%
b. 10%
c. 20.00%
d. 20.75%
e. 25.5%
.D
Economics
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A. Define the term "globalization."
b. Describe the benefits of globalization. c. Who is likely to oppose globalization and why? What will be an ideal response?
Economics
The imposition of a binding price floor on a market causes quantity demanded to be a. greater than quantity supplied. b. less than quantity supplied
c. equal to quantity supplied. d. Both (a) and (b) are possible.
Economics