If the nominal interest rate is 4 percent and the inflation rate is 1 percent, then the real rate of interest is
A) 1 percent. B) 3 percent. C) 4 percent. D) 5 percent.
B
Economics
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Merger guidelines developed by the Antitrust Division of the U.S. Department of Justice use four-firm concentration ratios as measures of concentration
Indicate whether the statement is true or false
Economics
According to the text, economic decision making refers to:
A) comparing costs and benefits. B) rejecting wish-driven strategies. C) ensuring that wants and needs are matched. D) analyzing demand and supply. E) forecasting.
Economics