The interest rate on Treasury Inflation Indexed Securities can be roughly interpreted as

A) the real interest rate.
B) the nominal interest rate.
C) the rate of inflation.
D) the rate of deflation.


A

Economics

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As a result of their experiment economists Muriel Niederle and Lise Vesterlund found that

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A price ceiling that is set above the equilibrium price:

A. will have no effect on the market. B. will lead to a black market. C. will lead to excess supply in the market. D. will lead to excess demand in the market.

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Decreases in taxes shift the aggregate demand curve to the right.

Answer the following statement true (T) or false (F)

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In 2010, output per capita in China was approximately equal to

A) $2,100. B) $7,627. C) $22,100. D) $32,100.

Economics