If the nominal interest rate is greater than the real interest rate in an economy,________.
A) the inflation rate must be positive in the economy
B) the inflation rate must be negative in the economy
C) the inflation rate must be zero in the economy
D) the real interest rate in the economy must be negative
Correct Answer:
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Q5: If an individual borrows $200 at an
Q6: Which of the following statements is true?
A)
Q7: The additional payment a borrower has to
Q8: The annual price of a $1 loan
Q9: If an individual borrows $100 at an
Q11: If the nominal interest rate in an
Q12: Economic agents who borrow funds are known
Q13: Consider two economies: A and B.The nominal
Q14: Credit is _.
A) the loan that a
Q15: The real interest rate is equal to
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