Multiple Choice
If both the real interest rate and the nominal interest rate are 3 percent, then the
A) inflation premium is zero.
B) real GDP must exceed the nominal GDP.
C) nominal GDP must exceed the real GDP.
D) inflation premium also is 3 percent.
Correct Answer:
Verified
Correct Answer:
Verified
Q244: A headline states, "Real GDP falls again
Q245: An unexpected increase in total spending will
Q246: The percentage change in one's real income
Q247: The GDP gap measures the difference between<br>A)
Q248: Inflation is undesirable because it<br>A) arbitrarily redistributes
Q250: What are the effects of cost-push inflation
Q251: Compared to other industrial nations, inflation rates
Q252: What has been the range of the
Q253: The phrase "too much money chasing too
Q254: Unanticipated inflation benefits debtors at the expense