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

Author Question: If the inflation rate falls and nominal interest rates are unchanged, A) inflation will fall. ... (Read 75 times)

jrubin

  • Hero Member
  • *****
  • Posts: 552
If the inflation rate falls and nominal interest rates are unchanged,
 
  A) inflation will fall.
  B) inflation will continue at the same rate.
  C) real interest rates rise.
  D) real interest rates are unaffected.
  E) real interest rates fall.

Question 2

By the method of Lagrange multipliers, the optimal value of the Lagrange multiplier equals the:
 
  A) marginal utility of income.
  B) marginal utility of each good.
  C) marginal utility per dollar spent on the last unit of each good.
  D) A and B above
  E) A and C above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

C

Answer to Question 2

E




jrubin

  • Member
  • Posts: 552
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

For a complete list of videos, visit our video library