If the nominal interest rate is the same as the real interest rate, then inflation must be:
A. zero.
B. higher than the nominal rate of interest.
C. lower than the nominal rate of interest.
D. negative.
A. zero.
Economics
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If there is a surplus of a good, the quantity demanded is ________ the quantity supplied and the price will ________
A) equal to; fall B) less than; rise C) less than; fall D) greater than; fall E) greater than; rise
Economics
Economics demonstrates that opening up unrestricted free international trade is beneficial to all nations. However, are there any losers from such a policy change?
What will be an ideal response?
Economics