If the nominal interest rate in an economy is 8% and the real interest rate is 4%, the inflation in the economy is:
A) 4%. B) 32%. C) 12%. D) 8%.
A
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A concentration ratio measures
A) the average size of the firms in the industry. B) the sales of the three largest firms in the industry minus the costs of these three largest firms in the industry. C) the share of industry sales accounted for by the largest firms in the industry. D) the excess capacity found in a particular oligopolistic industry.
Politicians have suggested that the budget deficit could be reduced by
A) increasing taxes and reducing expenditures. B) lowering the interest rates. C) imposing higher tariffs on imported goods. D) forbidding interest payments on government bonds outsourcing.
If the slope of a straight line is -3. and if Y (the variable on the vertical axis) decreases by 6, then X (the variable on the horizontal axis) will
A. decrease by 2. B. increase by 18. C. decrease by 18. D. increase by 2.
The poverty line fell the most between
A. 1960 and 1968. B. 1968 and 1976. C. 1976 and 1984.