The decline in net worth that can result from an unanticipated decline in the price level is known as ________

When there is positive inflation

A) the nominal interest rate is approximately equal to the real interest rate. B) the real interest rate is greater than the nominal interest rate. C) the nominal interest rate is greater than the real interest rate. D) the real interest rate is negative.

Which of the following would cause both the equilibrium price and equilibrium quantity of cookies to decrease?

a. a rise in the price of milk (a complement) b. a rise in consumer incomes c. a rise in the price of cookie dough d. a drop in the price of cookie dough e. a rise in the price of crackers (a substitute)