The Fisher effect says that
a. the nominal interest rate adjusts one for one with the inflation rate.
b. the growth rate of the money supply is negatively related to the velocity of money.
c. real variables are heavily influenced by the monetary system.
d. All of the above are correct.
a
You might also like to view...
If the current account balance is -$450 billion, the capital and financial account balance is $440 billion, then the official settlements balance is
A) $890 billion. B) $0 because it is always zero. C) $10 billion. D) -$890 billion. E) -$10 billion.
Workers who organize to bargain collectively for wages and working conditions form a
a. joint council b. labor cartel c. labor federation d. collective e. labor union
A ______ percentage of the French population is obese; they consume _______ fat than Americans do.
a. large; more b. large; less c. small; more d. small; less
Government price guarantees for certain crops are an example of:
A.) A price floor. B.) A price ceiling. C.) A monopoly. D.) The market mechanism.