Refer to Scenario 12.2. The ideal mixed strategy for Jerome has Jerome waiting for Eliza to donate her kidney with ________ probability

Suppose the money growth rate is 3 percent, velocity is constant, and real GDP is growing at 2 percent. What is the inflation rate?

A) 1 percent B) 5 percent C) 3 percent D) 6 percent

When investors use borrowed funds to pay for investments, it's called:

A. herding. B. hedging. C. leveraging. D. tulip mania.