An asset that can be easily disposed of without high transactions costs and with relative certainty as to its value is

The nominal interest rate minus the real interest rate approximately equals the

A) rate of increase in the amount of investment. B) inflation rate. C) rate of increase in the income. D) rate the bank receives to cover lending costs.

When the U.S. exchange rate rises, foreign goods become ________ and U.S. imports ________

A) less expensive; increase B) more expensive; decrease C) less expensive; decrease D) more expensive; increase