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Author Question: The real interest rate equals the nominal interest rate ________ the inflation rate. A) times B) ... (Read 454 times)

nevelica

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on: Jun 29, 2018
The real interest rate equals the nominal interest rate ________ the inflation rate.
 
  A) times B) minus C) divided by D) plus

Question 2

Comment on the following statement: Diminishing returns occur when total output falls as additional units of labor are combined with fixed inputs in the production process.
 
  What will be an ideal response?


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stillxalice

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

The statement is false. Diminishing returns occurs when marginal product falls as additional units of labor are combined with fixed inputs in the production process.


nevelica

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Bigfoot1984

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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