Author Question: If the real interest rate is 4 percent and the inflation rate is 3 percent, then the nominal ... (Read 78 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
If the real interest rate is 4 percent and the inflation rate is 3 percent, then the nominal interest rate is
 
  A) -1 percent. B) 1 percent. C) 3.5 percent. D) 7 percent.

Question 2

For a nation to have ________ in producing a good it must have a lower opportunity cost of producing that good than the other country.
 
  A) a comparative advantage
  B) an autarky advantage
  C) an absolute advantage
  D) both a comparative advantage and an absolute advantage



Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library