The nominal interest rate is 7 percent and the expected inflation rate is 4 percent.The real interest rate is:
A) 10 percent.
B) -2 percent.
C) 3 percent.
D) 4 percent.
Correct Answer:
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Q3: A lower real interest rate,amount of consumer
Q4: An index based on a mail survey
Q5: Potential GDP is:
A)minimum amount of output that
Q6: Short-run macroeconomic policies concentrate on:
A)minimizing fluctuations around
Q7: Long-run macroeconomic policies concentrate on:
A)minimizing fluctuations around
Q9: The marginal propensity to consume is defined
Q10: Measuring expenditures and income with the price
Q11: Comparing the situation of a nominal interest
Q12: The marginal propensity to save is defined
Q13: An index,based on a telephone survey of
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