Examlex
If the real interest rate is 3 percent and the inflation rate is 2 percent, what is the nominal interest rate?
Opportunity Cost
The cost of forgoing the next best alternative when making a decision or choosing to invest in one option over another.
Reducing Unemployment
The act of implementing policies or actions by governments or businesses to decrease the number of unemployed individuals in the economy.
Phillips Curve
An economic theory suggesting an inverse relationship between the rate of inflation and the rate of unemployment in an economy.
Unemployment Rate
The quantum of the working population that is job-free and in active search of employment.
Q11: An open market purchase of securities by
Q12: The table above gives data for the
Q28: "If the currency drain increases, the monetary
Q97: When aggregate planned expenditure exceeds real GDP,
Q137: A currency drain occurs when the<br>A) Fed
Q147: An increase in government expenditure on goods
Q237: If the economy is above full employment,
Q251: The figure above shows a nation's consumption
Q282: If the required reserve ratio is 15
Q285: The currency drain reduces the amount of<br>A)