The most important determinant of the decisions to lend or borrow is the real rate of interest.
Answer the following statement true (T) or false (F)
True
Economics
You might also like to view...
Indifference curves are downward sloping because
A) when some of one good is taken away the consumer must be compensated with more of the other. B) higher prices mean less quantity demanded. C) higher indifference curves mean higher utility. D) Both A and B.
Economics
Positive output gap indicates that
A) the actual real GDP is above natural real GDP. B) the actual real GDP is below natural real GDP. C) nominal GDP is above real GDP. D) nominal GDP is below real GDP.
Economics
Which of the following statements is TRUE for a monopolistically competitive firm in the long run?
A) P = ATC > MR B) MC > P > ATC C) P > MC > ATC D) P = MC = MR
Economics
Managed floats are only effective in the long run
a. True b. False
Economics