When prices are rising, which of the following will be true?
A) The real interest rate will be lower than the nominal interest rate.
B) The real interest rate will be higher than the nominal interest rate.
C) The real interest rate will be negative.
D) The nominal interest rate will be negative.
A
Economics
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A) MPL × L B) labor share of income × labor productivity × labor C) labor share of income × output D) all of the above E) none of the above
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A decrease in taxes on interest income would increase the interest rate
a. True b. False Indicate whether the statement is true or false
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