An decrease in the real interest rate will cause an increase in ________
A) consumption
B) planned investment
C) net exports
D) all of the above
E) none of the above
D
Economics
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When decisions are made by majority rule, the individual consumption-payment link is broken
a. True b. False Indicate whether the statement is true or false
Economics
The resource cost of inflation refers to
a. the opportunity cost of the resources spent coping with inflation b. the redistribution of resources due to inflation c. the lost purchasing power due to inflation d. the lost real income due to inflation e. the resources lost due to asking for higher nominal wage increase
Economics