Author Question: In the long run, the nominal interest rate is A) negatively related to the inflation rate. B) ... (Read 65 times)

tiffannnnyyyyyy

  • Hero Member
  • *****
  • Posts: 512
In the long run, the nominal interest rate is
 
  A) negatively related to the inflation rate.
  B) positively related to the inflation rate.
  C) negatively related to the price level.
  D) positively related to the price level.
  E) not related to the price level or the inflation rate.

Question 2

________ increases the quantity of real GDP supplied and is shown as a movement along the AS curve.
 
  A) An increase in potential GDP
  B) A decrease in the quantity of money
  C) A rise in the price level
  D) A decrease in consumption expenditure
  E) A fall in the expected rate of profit



blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

For a complete list of videos, visit our video library