The real purpose of the Webb-Pomerene Act of 1918 was to alter the terms of trade in favor of the United States

During the first 125 years of the United States,

a. there were no constitutional constraints on the spending of the federal government. b. real spending per person by the federal government rose by a factor of 60. c. most of the government spending was undertaken at the state and local levels. d. most of the government spending was undertaken at the federal level.

The nominal interest rate increases by 5 percent. What is the effect on investment?

a. The real interest rate increases and investment increases b. The real interest rate decreases and investment decreases. c. The real interest rate increases and investment decreases. d. Cannot be determined from the given information