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Author Question: Assuming all else equal, the ________, the lower the nominal interest rate. A) lower the ... (Read 40 times)

jessicacav

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on: Jun 30, 2018
Assuming all else equal, the ________, the lower the nominal interest rate.
 
  A) lower the inflation rate B) higher the inflation rate
  C) lower the income tax rates D) higher the income tax rates

Question 2

Which of the following will be included in the calculation of gross domestic product using the expenditure method?
 
  A) Wages paid to labor by firms B) Interest paid by households for loans
  C) Services purchased by the government D) Dividends paid by firms to shareholders


Cheesycrackers

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

A

Answer to Question 2

C


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