The nominal rate of interest is
A. CPI minus an inflationary premium.
B. the real rate of interest minus the anticipated rate of inflation.
C. PPI minus an inflationary premium.
D. the market rate of interest expressed in today's dollars.
Answer: D
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In an oligopoly market
A) individual firms pay no attention to the behavior of other firms. B) one firm's pricing decision affects all the other firms. C) the pricing decisions of all other firms have no effect on an individual firm. D) advertising of one firm has no effect on all other firms.
In a common-value auction
a. Every bidder knows the exact value of the item being auctioned b. Each bidder only has an estimate of the value of the item c. The value is different for each bidder d. All of the above
Which of the following is most likely to be a major source of growth in per capita GDP
What will be an ideal response?
The blurring of the lines separating the subsets of the financial industry started in the:
A. 1940s B. 1960s C. 1970s D. 1990s