The real rate of interest is defined as the:
A. expected inflation rate minus the nominal interest rate.
B. expected inflation rate plus the nominal interest rate.
C. nominal interest rate minus the expected inflation rate.
D. nominal inflation rate plus the expected inflation rate.
Answer: C
You might also like to view...
Suppose that average labor productivity in Country C is $5,000, and that Countries C and E have the same real GDP per capita. Based on the information in the table, what must be the average labor productivity in Country E?CountryPopulation (millions)Share of Population Employed (%)A10060B15055C7550D25045E9540
A. $1,500 B. $6,250 C. $4,500 D. $1,000
A game in which one player's winnings equal the other player's losings is called a
A) tit-for-tat game. B) all-or-nothing game. C) fair-and-balanced game. D) zero-sum game.
The percentage of national income spent on health care
A. has steadily decreased since 1965. B. decreased until the end of the 1970s and then increased in the 1980s and 2000s. C. increased until the end of the 1970s and then decreased in the 1980s and 2000s. D. has steadily increased since 1965.
Which of the following is a possible limitation in cost estimation?
A. Critics argue that the method used for estimating cost is outdated and does not provide accurate cost estimates. B. It is difficult to obtain data on relevant costs from accounting reports that record historical data. C. Critics argue that cost estimates do not help managers make efficient decisions. D. It is difficult to get qualified people who can obtain data on costs and can interpret the data.