If the growth rate of nominal GDP and the rate of inflation in an ...

[eruditmonkey@yahoo.com]

If the growth rate of nominal GDP and the rate of inflation in an economy are 4 and 1 respectively, the growth rate of real GDP in the economy must be:
 
  A) 4. B) 1. C) 3. D) 5.

Question 2

The potential for recipients of a loan to engage in riskier behavior after receiving the financing is called
 
  A) adverse selection. B) moral hazard. C) adverse hazard. D) moral selection.

[stillxalice]

Answer to Question 1

C

Answer to Question 2

B