If the bank returns $1,060 on the $1,000 deposited for a year during which inflation was 4 percent, the real interest rate is

When talking about forward contracts, the date on which the contracted delivery must take place is called:

A) the settlement date B) the counterparty date C) forward date D) spot date

If consumers are identical, then

A) price discrimination is impossible. B) price discrimination can occur if each consumer has a downward-sloping demand curve for the product. C) perfect price discrimination is the only form of price discrimination that can increase a monopoly's profit. D) tie-in sales cannot increase a monopoly's profit.