According to the Fisher effect, if the central bank raises the rate of money supply growth, what happens to the nominal and the real interest rate?
The nominal interest rate rises by as much as inflation rises, the real interest rate is unchanged.
Economics
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The gross domestic product of a small country which has a population of 200,000 is $56,000,000. The income per capita of the country is ________
A) $280 B) $200 C) $50 D) $100
Economics
The indifference curve between expected return and the standard deviation of return for a risk-averse investor
A) is downward-sloping. B) is upward-sloping. C) is horizontal. D) is vertical. E) can take any shape.
Economics