If interest rates have been increasing, adaptive expectations would predict
A) that interest rates will increase.
B) that interest rates will decrease.
C) that inflation rates will increase.
D) that inflation rates will decrease.
A
Economics
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A dining table costs $3,000 in New York and same table costs 5000 euros in Rome. If absolute PPP holds, $1 is equal to
A) 1 euro B) 2 euros C) 5/3= 1.67 euros D) 3/5= 0.6 euros
Economics
It has been found that
a. less-developed countries have more equality of income distribution. b. more-developed countries have more equality of income distribution. c. only prior communist countries have more equality of income distribution. d. income distribution cannot be measured among countries with different political and economic systems.
Economics