Suppose that the country of France has a 22% nominal interest rate and an expected inflation rate of 10%. Which of the following is the best estimate of the Real interest Rate in the country?
A. 2.2%
B. 22%
C. 12%
D. 10%
E. Not enough info.
C. 12%
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According to the book, the characteristic way an individual or family manages resources is shaped by 5 forces, which of the following is not one of them
a. Psychological/personality b. Economic c. Technological d. Cognitive
Economies of scale were initially seen between
A) 1800 and 1840. B) 1970 and 1980. C) 1840 and 1910. D) none of these choices.
Which of the following strategies will most likely NOT enhance profits in a Bertrand oligopoly?
A. Two-part pricing B. Randomized pricing C. Price matching D. Brand loyalty
If a monopolistically competitive firm is making positive economic profits, we would expect
A. entry of other firms. B. the firm to continue making the positive economic profits. C. the firm to hire more labor. D. the firm to expand market share and the industry to move toward an oligopoly structure.