The real rate of interest is
a. interest paid by commercial banks.
b. interest paid by the Fed.
c. equal to the money rate of interest plus the inflationary premium.
d. the money rate of interest adjusted for inflation.
D
You might also like to view...
A collusion can work if ________
A) a colluder can cheat without being detected B) a colluder values future monopoly profits more than current profits C) a colluder charges a price higher than his partners D) a colluder gives secret price discounts
Advertising is likely to
A. shift the firm's average total cost curve upward and make demand more elastic. B. shift the firm's average total cost curve downward and make demand more elastic. C. shift the firm's average total cost curve upward and make demand more inelastic. D. shift the firm's average total cost curve downward and make demand more inelastic.