What is the approximate relationship among the real interest rate, the inflation rate, and the nominal interest rate?

Incentives matter and different groups of producers, consumers and politicians will support those policies that promise to advance those projects most advantageous to them. Which statement about opposition to or support for U.S

tariff policy during the antebellum period is correct? (a) "Producers in the South objected to tariffs placed on imported goods. They needed them at relatively low prices for their own production." (b) Plantation owners supported a high tariff as protection against cheap cotton imports. (c) Politicians wanted to protect jobs abroad as well as in the U.S. Therefore, they did not support U.S. tariff policies. (d) All of the above are correct.

The demand for labor is a derived demand. Employers hire workers until the: a. wage rate equals the average product of labor

b. wage rate equals the marginal revenue product of labor. c. average product of labor is zero. d. marginal product of labor is zero.