If people expect the Fed to adopt a(n) ________ for several years, the long-run real interest rate will remain ________

Krystal runs a nail salon and needs to decide how many hours to stay open. Table 2.2 illustrates her marginal costs of staying open for each additional hour. Suppose that we observe Krystal staying open 2 hours per day

If she is following the marginal principle, what must her marginal benefit be? A) $6 B) $12 C) $15 D) $18

________________ is defined as "an unconscionable or exorbitant rate of interest."

Fill in the blank(s) with the appropriate word(s).