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Author Question: Advances in productivity increase supply because they might A) increase the price expected in the ... (Read 24 times)

Wadzanai

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Advances in productivity increase supply because they might
 
  A) increase the price expected in the future.
  B) decrease the cost of production.
  C) increase the number of firms producing the good.
  D) raise the prices of resources used to produce the good.
  E) decrease the number of goods available.

Question 2

When the nominal rate of interest and the rate of inflation are the same, the real interest rate is zero.
 
  Indicate whether the statement is true or false



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amcvicar

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Answer to Question 1

B

Answer to Question 2

TRUE




Wadzanai

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


frankwu0507

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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