If the nominal interest rate is 0% and the real interest rate is 2%, what is the inflation rate?

A) -2% B) 2% C) -4% D) 0%

A

Economics

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Another name for plurality voting is:

A. pair-wise majority voting. B. instant runoff voting. C. approval voting. D. first-past-the-post voting.

Economics

Someone in Mexico has just ordered a U.S.-made automobile to be exported to Mexico. In the U.S. balance of payments, this purchase is a(n)

A. special draw. B. surplus item. C. accounting identity. D. deficit item.

Economics