A decrease in inflationary expectations __________ interest rate

A) raises the natural
B) raises the nominal
C) lowers the natural
D) lowers the nominal


D

Economics

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Alchemy was the attempt to discover a process by which base metals, such as lead, could be turned into gold. If an alchemist had been successful,

A) all the lead in the world would have been added to the world's gold supply. B) all the lead in the world would have replaced the world's gold supply. C) all the lead in the world would only have been added to the world's gold supply when it was converted to gold. D) the alchemist would likely have been killed by the owners of real gold.

Economics

The primary purpose of the Celler-Kefauver Act is to prevent unfair and deceptive business practices

a. True b. False Indicate whether the statement is true or false

Economics

Which of the following factors is not part of an individual's stock of human capital?

A. Initiative B. Intelligence C. Years of education D. Employment status

Economics

In the insider-outsider theory:

A. outsiders are workers who retain employment during recession. B. insiders are managers who have more information about their firm's performance than outsiders. C. insiders are "principals" and outsiders are "agents." D. outsiders are laid-off workers and other qualified unemployed workers.

Economics