According to the Classical Dichotomy,which of the Following Is NOT

question 181

Multiple Choice

According to the classical dichotomy,which of the following is NOT influenced by monetary factors?

• A)the nominal GDP
• B)the real interest rate
• C)the price level
• D)the nominal interest rate

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Definitions:

Amortization

The method of distributing the expense of a non-physical asset across its lifespan.

Market Rate

The prevailing rate of interest available in the marketplace for securities or loans.

Bond Issue

The process of offering bonds for sale to investors by an issuer as a method of raising capital.

Discount

A reduction in the normal cost or price of a product or service, or the amount by which a bond is sold below its face value.