If the inflation rate decreased from 3.33% to 2.90% between October and November, while the nominal interest rate increased from 4.75% to 4.80%, what is the real interest rate in November?

Which of the following accept deposits from or sell shares to the general public? i. money market funds ii. thrift institutions iii. commercial banks

A) i only B) ii only C) iii only D) Both ii and iii E) i, ii, and iii

Adam Smith's invisible hand principle stresses

a. that benevolence is a powerful motivator that encourages individuals to engage in productive economic activity. b. the tendency of the competitive market process to direct self-interested individuals into activities that enhance the economic welfare of society. c. the potential of government regulation as a means of bringing the self interest of individuals into harmony with the economic welfare of society. d. the tendency of self-interested individuals to pursue activities that benefit themselves but harm the overall economic welfare of society.