Marginal profit is the slope of the total profit curve.
Answer the following statement true (T) or false (F)
True
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The payment made by a bank to a depositor to use her money for lending to those in need of funds is referred to as the ________
A) dividend B) interest C) principal D) stock
The actual real interest rate and the expected real interest rate will be identical if
A) pe = p. B) pe > p. C) pe < p. D) none of the above
A scatter diagram of money growth rates and inflation rates from 1982 to 2010 indicates
a. a clear direct relationship between money growth and inflation. b. a clear indirect relationship between money growth and inflation. c. no clear relationship between money growth rates and inflation. d. that inflation is always and everywhere a monetary phenomenon.
Which of these inflation rates can be considered a sign of a healthy economy?
a. An inflation rate between 10?20 percent b. An inflation rate between 2?4 percent c. An inflation rate between 40–50 percent d. An inflation rate between 100–200 percent