In a small open economy, the real interest rate will always be
A) above the world real interest rate.
B) below the world real interest rate.
C) equal to the world real interest rate.
D) independent of the world real interest rate.
C
Economics
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Under a nominal GDP targeting rule, the Federal Reserve
A) changes the interest rate only when real GDP, and hence nominal GDP, is off target. B) cannot use the federal funds rate to conduct monetary policy. C) must publish its expected inflation rate. D) lowers its interest rate when nominal GDP falls below target. E) loses its ability to influence the inflation rate.
Economics
Which is not an example of proactive language?
a. I can b. I control my feelings c. They make me so mad d. I choose
Economics