The division of variables into real and nominal is a dichotomy assumed by
a. classical economists.
b. John Maynard Keynes.
c. the wealth effect.
d. short-run macroeconomic theory.
a
Economics
You might also like to view...
What is the discount rate?
What will be an ideal response?
Economics
Workers at Walmart are paid ________ their unionized counterparts.
A. more than B. less than C. the same as D. much more than
Economics
Refer to the figure below. At P = 8 and Q = 4, D1 is ________ elastic than D2, which is shown graphically as D1 being ________ D2.
A. more; steeper than B. more; flatter than C. less; steeper than D. less; flatter than
Economics
Which of the following industries have been deregulated in recent year?
a) low-cost housing b) pharmaceuticals c) airlines d) steel
Economics