If the nominal interest rate is 10% and prices generally increase 5%, the real rate of interest is
A. 5%.
B. 10%.
C. 15%.
D. 20%.
A. 5%.
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If capital per-worker is rising, then ________
A) depreciation is equal to investment B) depreciation is greater than investment C) depreciation is less than investment D) depreciation is less than consumption
Infrastructure investment appears to have little impact on economic growth and development
a. True b. False Indicate whether the statement is true or false
The product of the stock price and the total outstanding shares of that stock is referred to as:
a. market capitalization. b. floating capital. c. book value. d. financial value. e. face value.
Suppose the own price elasticity of demand for good X is ?0.5, and the price of good X increases by 10 percent. We would expect the quantity demanded of good X to:
A. decrease by 5 percent. B. increase by 20 percent. C. increase by 5 percent. D. decrease by 20 percent.