If the inflation rate is greater than the nominal interest rate, then the
A) real interest rate will be negative.
B) real interest rate will be positive.
C) inflation rate will increase.
D) inflation rate will decrease.
E) nominal interest rate will be negative.
A
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One of the leading alternative theories to the HO model of international trade is the Human Skills theory, which was developed by
A) Donald Keesing. B) Adam Smith. C) David Ricardo. D) G. D. A. MacDougall.
Consider an industry consisting of four firms with market shares of 30 percent, 25 percent, 25 percent, and 20 percent. Calculate the Herfindahl Hirschman Index and interpret your result.
What will be an ideal response?
Quantity supplied of all goods and services at different price levels is known as
A. aggregate supply. B. aggregate demand. C. productivity. D. All of these responses are correct.
Every point on a linear demand curve has the same elasticity.
Answer the following statement true (T) or false (F)