In 2008, expected inflation exceeded inflation. In 2009, inflation exceeded expected inflation
Therefore the real interest rate was ________ than the expected real interest rate in 2008 and the real interest rate was ________ than the expected real interest rate in 2009. A) less; less
B) less; greater
C) greater; less
D) greater; greater
C
Economics
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How are depletion and pollution mirror images of the same problem?
What will be an ideal response?
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The application of Solow's growth theory to the explanation of the slowdown in productivity growth in the United States suggests that the slowdown is primarily caused by
A) reduced growth in the capital stock per hour of work. B) reduced growth in the technical change or total factor productivity. C) slow residual growth of the capital stock. D) ignorance since people save and invest less.
Economics