If the inflation rate is 5 percent and the real rate of interest is 3 percent, the nominal interest rate is

Financial intermediaries are institutions that

A) produce money for the federal government. B) regulate the activities of stock and bond markets. C) act as middlemen in the process of directing funds from savers to investors. D) oversee the activities of government institutions such as the Federal Reserve.

Graphically, the marginal revenue curve of a monopolist: a. lies below the demand curve of a monopolist

b. is the same as the demand curve of a monopolist. c. lies above the demand curve of a monopolist. d. is the same as the marginal cost curve of a monopolist.