For this question, assume that expected inflation is equal to the nominal interest rate. In this situation, which of the following is correct?
A) The real interest rate is negative.
B) The real interest rate is positive.
C) The real interest rate is higher than the nominal interest rate.
D) The real interest rate is zero.
D
Economics
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An economic expansion causes
a. the federal budget deficit to rise. b. federal government tax receipts to fall. c. federal government spending to rise. d. transfer payments to fall. e. transfer payments to rise.
Economics
Technological advance improves allocative efficiency by:
A. enhancing monopoly power. B. reducing income inequality. C. giving society a more-preferred mix of goods and services. D. encouraging saving.
Economics