During a deflationary period
A) the nominal interest rate is less than the real interest rate.
B) the real interest rate is less than the nominal interest rate.
C) the nominal interest rate does not change.
D) the price level rises.
A
Economics
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Because of the differing account conventions, there is a great deal of arbitrariness in a number that purports to be
A. the deficit. B. the surplus. C. the debt. D. all of these answer options are correct.
Economics
The loss of economic benefits in society as a result of monopoly arises from
A. the gain in consumer surplus. B. the loss in producer surplus. C. the gain in producer surplus. D. the loss in consumer surplus.
Economics