If Nepal is a net importer of computers, free trade will hurt the

A. domestic consumers of computers.
B. rich citizens of Nepal.
C. poor citizens of Nepal.
D. domestic producers of computers.

Answer: D

Economics

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An increase in unearned income always creates a disincentive to work

Indicate whether the statement is true or false

Economics

In an inflationary atmosphere that everyone anticipates will persist, lenders will

A) desire a lower nominal interest rate to increase the real rate. B) desire a higher nominal interest rate to protect against the inflation. C) tend to see the real rate of interest increase, particularly if the inflation is unforeseen. D) have the real rate of interest guaranteed by the Federal Reserve Board.

Economics