Nominal interest rates are the
A) interest rates quoted in the market.
B) real interest rates less the inflation rate.
C) interest rates quoted in the market minus the inflation rate.
D) interest rates quoted in the market plus the expected inflation rate.
A
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A monopoly firm engaged in international trade will
A) equate marginal costs with marginal revenues in both domestic and foreign markets. B) equate average to local costs. C) equate marginal costs with foreign marginal revenues. D) equate marginal costs with the highest price the market will bear. E) equate marginal costs with the relative world prices.
The financial systems of __________ have major firms working all their external financing through a single bank
A) Japan and the United Kingdom B) the United States and the United Kingdom C) Germany and the United Kingdom D) Japan and Germany
If a country's population grows at the same rate as its real GDP, then real per capita GDP
a. grows at an increasing rate b. grows at a constant rate c. doesn't change d. decreases at a decreasing rate e. decreases at a constant rate
An economic system in which money is not used is a:
A. mixed economy. B. barter economy. C. planned economy. D. market economy.