Individual household nominal income includes:
A) nominal interest income, iB.
B) nominal net rental income, [(R/P) - ![Individual household nominal income includes: A) nominal interest income, iB. B) nominal net rental income, [(R/P) - PK]•PK. C) nominal wage income, wL. D) all of the above.](https://d2lvgg3v3hfg70.cloudfront.net/TB8790/11eb7ff0_af79_1aab_8992_f3025cbfe36f_TB8790_11.jpg)
PK]•PK.
C) nominal wage income, wL.
D) all of the above.
Correct Answer:
Verified
Q21: According to the household nominal budget constraint,
Q22: In the market clearing model, for the
Q23: The maturity of a bond is:
A)the amount
Q24: According to the household nominal budget constraint,
Q25: Interest income is:
A)positive for net bond holders.
B)zero
Q27: If the principal of a bond is
Q28: If the principal of a bond is
Q29: The rental price of capital is:
A)a dollar
Q30: If a household this week produces 20
Q31: The profit in the model is:
A)output -
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