A positive real interest rate indicates
a. how fast the number of dollars in your savings account is rising over time.
b. how fast the purchasing power of your savings account is rising over time.
c. the number of dollars in your savings account today.
d. the purchasing power of your savings account today.
B
Economics
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Suppose that the government wants the burden of the cigarette tax to fall equally on buyers and sellers and declares that a $1.00 tax be imposed on each. Is the burden of the tax shared equally? Why or why not?
What will be an ideal response?
Economics
The processes used to produce goods and services describes
A) technology. B) entrepreneurship. C) capital. D) innovation.
Economics