The higher the rate of inflation, the lower the:
A. real interest rate can fall.
B. real interest rate can fall, as long as it is positive.
C. nominal interest rate can fall.
D. nominal interest rate can fall, as long as it is positive.
Answer: A
Economics
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If global warming began to cause random world-wide damage to crops, insurance companies
A) would insure against specific crop failures. B) would not insure against specific crop failures. C) would be indifferent between insuring or not. D) would find themselves facing prosecution for ignoring the problem for so long.
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