Which of the following is true?
A) The real interest rate can never be zero.
B) The nominal interest rate is usually negative.
C) The real interest rate is always positive.
D) The nominal interest rate is usually less than the real interest rate.
E) The real interest rate can be negative.
E
Economics
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Large-denomination CDs are ________, so that like a bond they can be resold in a ________ market before they mature
A) nonnegotiable; secondary B) nonnegotiable; primary C) negotiable; secondary D) negotiable; primary
Economics
Suppose Jon Stewart of the "Daily Show" makes an annual income of $1,000,000. If he quit his television job and went into producing he could make $400,000 per year. Jon Stewart's annual economic rent to labor is
A) $1,400,000. B) 1,000,000. C) $400,000. D) $600,000.
Economics