If the inflation rate is zero, the nominal interest rate is

A) greater than the real interest rate.
B) positive and the real interest rate is negative.
C) equal to the real interest rate.
D) less than the real interest rate.
E) equal to the inflation rate.

C

Economics

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The final consumer demand for chicken (normal good) in China will NOT shift if

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The economic profit earned by a firm is calculated by subtracting explicit costs from total revenue

a. True b. False Indicate whether the statement is true or false

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