Which of the Following Statements Is Correct

question 48

Multiple Choice

Which of the following statements is correct?

• A)As a group,economists see no purpose in distinguishing between the nominal interest rate and the real interest rate.
• B)The interest rate that is usually reported is the nominal interest rate.
• C)If the nominal interest rate increases and the inflation rate remains unchanged,then the real interest rate decreases.
• D)All of the above are correct.

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Definitions:

Reality Principle

A psychoanalytic concept that represents the ability of the mind to assess the external world and act upon it accordingly, often in contrast with the pleasure principle.

Unconscious

Refers to the part of the mind that is inaccessible to the conscious mind but affects thoughts and behaviors.

Collective Unconscious

Concept in psychology, proposed by Carl Jung, referring to the part of the unconscious mind that is derived from ancestral memory and experience and is common to all humankind.

Conscious

The ability to be conscious of and deliberate on one's existence, sensations, cognitions, setting, and experiences lived.