If the required reserve ratio was 1, the demand deposit expansion multiplier would be

If the inflation rate is 5 percent and the real interest rate is 2.5 percent, then the nominal interest rate is

A) 10 percent. B) -2.5 percent. C) 2.5 percent. D) 7.5 percent. E) 2 percent.

Economic history shows that stock market averages are useful predictors of the future

Indicate whether the statement is true or false