Susie doesn't buy ice cream this week at the grocery store because she intends to start a diet in a few days. Her behavior is an example of:

How does a decrease in the demand for wheat ultimately lead to normal profits for wheat growers in the long run?

What will be an ideal response?

You borrow $10,000 from a bank for one year at a nominal interest rate of 5%. The CPI over that year rises from 180 to 200. What is the real interest rate you are paying?

A) 15% B) 5% C) -1.1% D) -6.1%