If the inflation rate decreased from 3.33% to 2.90% between October and November, while the nominal interest rate increased from 4.75% to 4.80%, what is the real interest rate in November?
1.90%
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Which of the following is one of the balance of payments accounts?
A) government expenditure account B) capital and financial account C) reserve account D) net borrowing account
Researchers have found numerous significant relationships between final prices agreed upon by bargainers and their personal characteristics such as education, income, and age
Indicate whether the statement is true or false
Which of the following is FALSE?
A. A change in input prices shifts the isoquant map. B. At the optimal input choice, the rate at which the firm can substitute labor for capital in production is equal to the rate at which the firm can substitute labor for capital in the market. C. A change in cost shifts the isocost curve. D. Convex isoquants mean that the marginal rate of technical substitution decreases as the firm substitutes labor for capital. E. none of the above.
National income accountants define investment to include:
A. any increase in business inventories. B. the addition of cash to a savings account. C. the purchase of common or preferred stock. D. the purchase of any durable good, for example, an automobile or a refrigerator.