This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the long run, when an economy experiences inflation, the price level ________ and the nominal ... (Read 82 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
In the long run, when an economy experiences inflation, the price level ________ and the nominal interest rate ________.
 
  A) rises; falls
  B) rises; rises
  C) rises; remains constant
  D) remains constant; rises
  E) falls; rises

Question 2

Since 1982, the United States has run a current account surplus every year.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ryhom

  • Sr. Member
  • ****
  • Posts: 366
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


krzymel

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Jun 29, 2018
Thank you :)


ryhom

  • Sr. Member
  • ****
  • Posts: 366
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
Varieties of Long-Term Memory Varieties of Long-Term Memory
Feng Mengbo, Long March: Restart. Feng Mengbo, Long March: Restart.
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
Ramey's study, children from poverty-level families IQ experiment Ramey's study, children from poverty-level families IQ experiment
An 82-kg painter stands on a long horizontal board 1.55 m from one end. This 27-kg board is ... An 82-kg painter stands on a long horizontal board 1.55 m from one end. This 27-kg board is ...
Video: Mitosis step-by-step

For a complete list of videos, visit our video library