If the inflation rate is 5% and the real interest rate is 4%, then the nominal interest rate is around
A. 1%.
B. -1%.
C. 20%.
D. 9%.
Answer: D
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Refer to Table 5.1. Ranked highest to lowest in expected income, the majors are
A) economics, accounting, English, mathematics, political science. B) mathematics, English, political science, accounting, economics. C) economics, accounting, mathematics, English, political science. D) English, economics, mathematics, accounting, political science. E) accounting, English, mathematics, political science, economics.
The major component of the marketing bill for food is ________
Fill in the blank(s) with correct word
How does GDP deal with a Ford produced in Mexico?
A. It is not counted at all. B. It is partially counted. C. It is fully counted. D. Is counted at twice the value.
Jodie has indifference curves for CDs and colas, with CDs on the vertical axis. The flatter her indifference curves are, the
A) smaller her average rate of substitution. B) larger her average rate of substitution. C) smaller her marginal rate of substitution. D) larger her marginal rate of substitution.