When you subtract the expected rate of inflation from the nominal rate of interest, you calculate the

a. real rate of interest.
b. real rate of inflation.
c. expected rate of interest.
d. expected rate of price increases.

a

Economics

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As long as as a monopolist is able to control the resale of its product, then it can successfully practice price discrimination

a. True b. False Indicate whether the statement is true or false

Economics

(Last Word) Which of the following best illustrates the post hoc, ergo propter hoc fallacy?

A. Because it was 90 degrees today, I worked up a sweat playing tennis. B. I took the day off work to go to the beach and that's why it rained. C. Because it rained at the football game, my new sweater got wet. D. Because I have studied diligently this semester, my grade average has improved.

Economics