If the population increases and input prices increase, the equilibrium price of a product will definitely increase

If the inflation rate is 3 percent and the real interest rate is 3 percent, then what is the nominal interest rate?

What will be an ideal response?

If there is an inverse relationship between variable x and variable y, then an increase in the value of variable x will be accompanied by

A) an increase in the value of variable y. B) a decrease in the value of variable y. C) no change in the value of variable y. D) variable y reaching its maximum value.