If the annual real rate on a 10-year inflation-protected bond equals 1.9 percent and the annual nominal rate of return on a 10-year bond without inflation protection is 4.4 percent, what average rate of inflation over the ten years would make holders of inflation-protected bonds and holders of bonds without inflation protection equally well off?

As of 2008, with which of the following countries did the U.S. not have a preferential trade agreement?

A) Mexico. B) Canada. C) Russia. D) Israel.

A point outside a production possibilities curve indicates

A) that resources are not being used efficiently. B) that resources are being used very efficiently. C) opportunity costs are constant. D) an output combination that is unobtainable with the current resource and technology levels.