The nominal interest rate minus the inflation rate equals the real interest rate
Indicate whether the statement is true or false
TRUE
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Investment is a positive function of the national income level
Indicate whether the statement is true or false
Which of the following would not shift the market demand for labor, ceteris paribus?
A. The productivity of labor. B. The number of employers. C. The demand for final products. D. The wage paid to labor.
The city just sprayed for rodents in the homes whose owners allowed the workers to do so. Many people did not let the workers in, but they still have fewer rodents because of the spraying that took place nearby. This shows that the rodent spraying is ______.
a. a public good b. excludable c. a private good d. rival
How would a decrease in the price of the feed grains used to feed cattle affect the market for beef?
A. The demand for beef would increase, increasing beef prices. B. The demand for beef would decrease, decreasing beef prices. C. The supply of beef would increase, decreasing beef prices. D. The supply of beef would decrease, increasing beef prices.