An example of a real variable is
A) The wage rate in euros.
B) None of these answers are real variables.
C) The price of corn.
D) The nominal interest rate.
E) The ratio of the value of wages to the price of fizzy drinks.
Correct Answer:
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Q23: With the value of money on the
Q24: The Fisher effect is
A) The one-for-one adjustment
Q25: If the money supply grows 5 per
Q26: The nominal demand for money
A) Does not
Q27: If the nominal interest rate is 6
Q29: In the quantity theory of money
A) Prices
Q30: The velocity of money is
A) Highly unstable.
B)
Q31: The quantity equation states that
A) Money ×
Q32: Countries that employ an inflation tax do
Q33: If money is neutral
A) An increase in
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