Countries with large amounts of capital per worker tend to have ______ levels of real GDP per person and ___ levels of average labour productivity.

Inflation _______ the risk involved in _______ contracts.

A. decreases; short-term B. decreases; long-term C. increases; long-term D. increases; short-term

The interest rate that describes how well a lender has done in real terms after the fact is called the

A) ex post real interest rate. B) ex ante real interest rate. C) ex post nominal interest rate. D) ex ante nominal interest rate.