Nominal interest rates tend to be higher in countries with
A) higher rates of inflation.
B) lower rates of inflation.
C) lower real interest rates.
D) Both B and C.
A
Economics
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The supply of meat is more elastic in the long run than in the short run. Ceteris paribus, as time goes by, the burden of a tax on cattle will be increasingly be shouldered by the:
A. Grocer B. Government C. Rancher D. Consumer
Economics
Which of the following groups is associated with the policy recommendation that the money stock should grow only at the rate of growth in real GDP?
A. Monetarists B. Keynesians C. Classical quantity theorists D. Economic behaviorists
Economics