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Author Question: If the growth rate of nominal GDP and the rate of inflation in an economy are 4 and 1 respectively, ... (Read 32 times)

eruditmonkey@yahoo.com

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on: Jun 30, 2018
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

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

C

Answer to Question 2

B


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