Incentives for borrowers and savers in the loanable funds market are determined by the nominal interest rate as opposed to the real interest rate
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
The most common type of transaction in the foreign exchange market is a
A) forward transaction. B) spot transaction. C) swap transaction. D) None of the above.
Economics
In its original role as lender of last resort, the Fed was supposed to: a. provide mortgage money for the poor
b. keep the money supply from drying up during economic panics. c. lend money to people in localities not served by commercial banks. d. lend money to developing nations whose own central banks had failed.
Economics