The nominal rate of interest is
A. not influenced by inflation.
B. the interest rate observed in the market minus the inflation premium.
C. a value that depends upon the stock market.
D. the interest rate observed in today's market.
Answer: D
You might also like to view...
Of the three primary tax sources of revenue for the U.S. federal government, which of the following has decreased the most as a percentage of GDP since 1962?
A) corporate income taxes B) social insurance taxes C) sales and excise taxes D) individual income taxes
Two key properties of indifference curves are that an indifference curve slopes
A) upward and is bowed out from the origin. B) downward and is bowed out from the origin. C) upward and is bowed in toward the origin. D) downward and is bowed in toward the origin.
According to the classical model, in the labor market
a. perfect information about the market price by market participants is required. b. the labor market is always in equilibrium. c. prices and wages are perfectly flexible. d. both suppliers and purchasers of labor must know the relevant trading prices. e. All of the above.
Answer the following statements true (T) or false (F)
1. Market demand and the firm’s demand curve coincide in a monopoly. 2. The AR and MR curves of a monopoly are identical. 3. A monopoly can sell all that it desires at any given price. 4. The demand for the product of a monopolist is perfectly inelastic. 5. A monopoly cannot suffer a loss.