The rental price of capital is:
A) a dollar (euro, etc.) amount per unit of capital.
B) a real interest rate.
C) a nominal interest rate
D) profit.
Correct Answer:
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Q24: According to the household nominal budget constraint,
Q25: Interest income is:
A)positive for net bond holders.
B)zero
Q26: Individual household nominal income includes:
A)nominal interest income,
Q27: If the principal of a bond is
Q28: If the principal of a bond is
Q30: If a household this week produces 20
Q31: The profit in the model is:
A)output -
Q32: According to the household nominal budget constraint,
Q33: The rate of return from owning capital
Q34: If the rental price of a capital
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