Households supply four basic types of resources. They include all of the following except

The nominal interest rate is 7 percent and the expected inflation rate is 4 percent. The real interest rate is:

A) 10 percent. B) -2 percent. C) 3 percent. D) 4 percent.

Which of the following is considered to be a fixed cost of operating an automobile?

a. gasoline b. tires c. oil change d. maintenance e. registration fees