In an Open Economy, What Are the Determinants of the Prevailing

question 90

Multiple Choice

In an open economy, what are the determinants of the prevailing real interest rate?

• A) domestic supply and domestic demand for loanable funds
• B) world supply and domestic demand for loanable funds
• C) world supply and world demand for loanable funds
• D) domestic supply and world demand for loanable funds

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Definitions:

Interactional Justice

The perception of fairness in interpersonal interactions, especially in terms of how decisions and information are communicated.

Restorative Justice

A system of criminal justice that focuses on the rehabilitation of offenders through reconciliation with victims and the community at large.

Distributive Justice

An ethical principle concerning the fair and equitable allocation of resources and benefits among all members of a society.

Progressive Discipline

A method of dealing with job performance problems that escalates through a series of steps, from verbal warnings to written warnings to suspension and, finally, termination.