The nominal interest rate will be less than the real interest rate when
A) the rate of inflation is negative. B) the real interest rate is negative.
C) the rate of inflation is positive and increasing. D) the rate of inflation is positive but decreasing.
A
Economics
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Some economists have hypothesized that government bureaucracies seek to maximize:
a. social well-being. b. gross national product. c. fringe benefits for bureaucrats. d. their own budgets.
Economics
The economic way of thinking stresses that
a. greed is the primary motivation for human action. b. as the benefits of an option increase, people will be more likely to choose that option. c. an objective value can be attached to physical goods. d. as the cost of an option decreases, people will be less likely to choose that option.
Economics