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Author Question: During periods when the inflation rate fluctuates widely, _____. a. the nominal interest rate and ... (Read 29 times)

magmichele12

  • Hero Member
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  • Posts: 559
on: Jun 30, 2018
During periods when the inflation rate fluctuates widely, _____.
 a. the nominal interest rate and the real interest rate are identical
 b. all money prices rise at the same rate, causing relative prices to increase
 c. suppliers link the selling prices of their goods to the overall inflation rate
 d. uncertainty about changes in relative prices causes a decrease in economic efficiency
  e. all money prices increase at the same rate, leaving relative prices constant

Question 2

Discrimination raises the average wage of members of one group of workers in spite of laws that require equal pay for all workers.
 a. True
  b. False
  Indicate whether the statement is true or false


scottmt

  • Sr. Member
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  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


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