In the long run, the real interest rate is determined by
A) the nominal interest rate.
B) saving supply and investment demand.
C) the multiplier effect.
D) the expected inflation rate.
E) Fed actions.
B
Economics
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Currency in the United States today is
A) fiat money. B) intrinsic money. C) backed by gold. D) quasi- intrinsic.
Economics
A nonexclusive good is a good which:
a. is sold in low-price markets. b. is impossible to keep people from enjoying the benefits the good provides. c. is produced by a perfectly competitive firm. d. is produced at the lowest possible cost.
Economics