This topic contains a solution. Click here to go to the answer

Author Question: Suppose that, initially, the nominal interest rate is 6 percent and the inflation rate is 3 percent. ... (Read 137 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
Suppose that, initially, the nominal interest rate is 6 percent and the inflation rate is 3 percent. If the inflation rate increases to 6 percent, what will be the new nominal interest rate?
 
  A) 6 percent
  B) 1 percent
  C) 11 percent
  D) 9 percent

Question 2

As labor increases, there is a
 
  A) shift of the aggregate production function, but no movement along it.
  B) movement along the aggregate production function, but no shift in it.
  C) movement along the aggregate production function and real GDP will increase less with each additional increase in labor.
  D) movement along the aggregate production function and real GDP will decrease less with each additional increase in labor.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Awesome

  • Sr. Member
  • ****
  • Posts: 280
Answer to Question 1

D

Answer to Question 2

C




ETearle

  • Member
  • Posts: 580
Reply 2 on: Jun 29, 2018
Gracias!


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

For a complete list of videos, visit our video library