The table below shows data for the United States
Nominal Interest Rate Inflation Rate
2013 5.25 4
2014 5 2
2015 4.5 4.3
Between 2013 and 2014, the real interest rate ________ and caused a ________ the demand for loanable funds curve.
A) increased; rightward shift
B) decreased; leftward
C) increased; movement upward along
D) decreased; downward along
C
Economics
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Define the term "import."
What will be an ideal response?
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When comparing the measure of goods and services of one country to that of another, economists generally compare
A) the real GDP and net exports. B) the real GDP. C) the real GDP and the labor force. D) the real GDP per capita.
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