The nominal interest rate ________
A) makes no allowance for inflation
B) is a percentage of the amount borrowed
C) is the rate that most banks advertise
D) all of the above
E) none of the above
D
Economics
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Identified departures from perfect rationality include:
A. incoherent choices. B. bias towards the status quo. C. anchoring. D. All of these are identified departures from perfect rationality.
Economics
The SNAP program is financed through
A. general revenues. B. private insurance contributions. C. a payroll tax. D. the income tax.
Economics