If the nominal interest rate is 8 percent and the inflation rate is 2 percent, the real interest rate is approximately

Understanding the impact of carbon taxes on the energy usage of individual households and firms is studied under:

A) microeconomics. B) macroeconomics. C) fiscal economics. D) financial economics.

The main reason our current account deficit is so large is that

A. we are running huge merchandise trade deficits. B. we are running huge federal budget deficits. C. we are allowing too much foreign investment in the United States. D. we are investing too much abroad.