The time required for Congress to pass bills out of committee, vote on bills, and the President to sign the new law to effectively deal with a recession is called the

The percentage return on a loan expressed in terms of goods and services is the

A) real wage rate. B) CPI interest rate. C) real interest rate. D) nominal wage rate. E) nominal interest rate.

According to the World Bank, Albania does one of the worst jobs as a country enforcing the rule of law. The consequence of a weak rule of law is

A) a decrease in cash transactions and increased efficiency. B) more risk taking on the part of entrepreneurs and greater economic investment. C) strong property rights enforcement leading to greater investment. D) difficulty in attracting investment and low economic growth.