Choose the pair of words that best completes this sentence: The nominal interest rate is the sum of the ex ante real interest rate and the _________ inflation rate, and real money balances are a function of the ___________ interest rate.
A. expected; nominal
B. actual; nominal
C. actual; real
D. expected; real
Ans: A. expected; nominal
Economics
You might also like to view...
Clearly defined property rights promote the efficient use of property
Indicate whether the statement is true or false
Economics
The level of real GDP is a good measure of economic prosperity, and the growth of real GDP is a good measure of __________
Fill in the blank(s) with correct word
Economics