Although wages, incomes, and interest rates are most often discussed in real terms, what matters most are their nominal values.
a. true
b. false
Answer: b. false
Economics
You might also like to view...
Net benefit is equal to total benefit minus marginal cost.
Answer the following statement true (T) or false (F)
Economics
Typically a firm's "economic profit" will be
What will be an ideal response?
Economics
The Solow growth model indicates that the growth rate of real GDP per worker depends partly on the saving rate.
a. true b. false
Economics
Which one of these countries has not adopted the euro?
A. Germany B. France C. Italy D. England
Economics