The real interest rate is the rate at which borrowers or lenders ________ to make transactions when issuing or receiving loans
A) are required B) refuse
C) expect D) can only obtain from a financial intermediary
C
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Exhibit 5-5 Gross domestic product data National income accountBillions ofdollars Depreciation$ 500 Net interest 2,000 Compensation of employees 6,000 Profits 1,500 Rental income 200 Indirect business taxes 800 Net exports 1,000 As shown in Exhibit 5-5, national income (NI) is:
A. $9,000 billion. B. $9,900 billion. C. $10,500 billion. D. $11,000 billion.
A partnership that is allowed to raise money by selling units of ownership to the general public.
What will be an ideal response?
In the macroeconomic model of aggregate supply and aggregate demand, price is:
A. calculated as a weighted average of the prices of all goods and services. B. the measure of the value of all goods and services produced by the economy. C. represented by GDP. D. None of these is true.
In which of the following periods did the U.S. experience a serious recession?
A) 1980-81 B) 2008-09 C) 1929-33 D) all of the above