The ________ interest is the relevant interest rate in the money market; the __________ interest rate is the relevant interest rate in the loanable funds market

a. Nominal; nominal.
b. Nominal; real
c. Real; nominal
d. Real; real

b

Economics

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In a perfectly competitive resource market the Marginal Revenue Product Curve is

A) vertical. B) horizontal. C) downward sloping. D) upward sloping.

Economics

When the flow of money from the foreign countries to the domestic firms equals the flow of money from the home country to the foreign firms, _____

a. a trade surplus exists b. an equal amount of agricultural and manufactured products are exported c. a trade deficit exists d. an equal amount of goods and services are imported e. the value of net exports is zero

Economics