Author Question: Refer to Table 12.1. The nominal interest rate for the United States is A) -0.25. B) 0.25. C) ... (Read 88 times)

jayhills49 · **on:** Jun 30, 2018

Refer to Table 12.1. The nominal interest rate for the United States is

A) -0.25.
B) 0.25.
C) 2.15.
D) It cannot be determined from the information provided.

Question 2

In the circular flow model with the government sector, taxes

A) on households flow in the same direction as do the goods and services.
B) on firms flow in the same direction as do factors of production.
C) flow in the same direction as do transfers.
D) flow from the goods market to the factor markets.
E) flow in the opposite direction as do transfers.