An optimizing economic agent will use the ________ rate while calculating the economic cost of a loan
A) exchange B) nominal interest C) real interest D) tax
C
Economics
You might also like to view...
How might inflation targeting improve the Fed's monetary policy?
What will be an ideal response?
Economics
The level toward which the economy is moving and where it will stay unless spending patterns of the economy will change is called the equilibrium level of output and income
Indicate whether the statement is true or false
Economics
What is the marginal cost of the 5th unit?
a. $100 b. $105 c. $110 d. $115
Economics
An increase in each of the following factors would normally provide a subsequent increase in quantity demanded, except:
a. price of substitute goods b. level of competitor advertising c. consumer income level d. consumer desires for goods and services e. a and b
Economics