If the inflation rate is 3% and the real interest rate is 4%, then the nominal interest rate is around
A. 12%.
B. 7%.
C. 3%.
D. 1%.
Answer: B
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Cost-of-service-regulation sets prices by considering
A) the actual variable cost of providing the service to the customer. B) the actual total cost of providing the service to the customer. C) the actual average cost of providing the service to the customer. D) the actual marginal cost of providing the service to the customer.
Other things being equal, an increase in labor productivity will shift the labor supply curve to the right
a. True b. False Indicate whether the statement is true or false
The rate at which future money must be discounted is known as the
A. rate of inflation. B. exposure rate. C. discount rate. D. time rate.
Which of the following was NOT a key feature of the Affordable Care Act, signed by President Obama in 2010?
A. A requirement that almost everyone have health insurance or pay a fine B. Tax credits and subsidies to help low-income families buy health insurance C. A rule preventing insurers from denying coverage because of preexisting conditions D. Panels of government doctors to review and approve major health care purchases