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Author Question: Advances in productivity increase supply because they might A) increase the price expected in the ... (Read 61 times)

Wadzanai

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


Wadzanai

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  • Posts: 528
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bblaney

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

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