
Econ Macro 24 - 24.1
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A debtor is...
the person who borrows.
the person who lends.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Debtors need to...
pay attention.
pay interest.
concentrate.
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The real interest rate...
is not fake.
equals nominal rate, minus an adjustment for inflation.
is the cost of capital.
is already adjusted for inflation.
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Real interest rate (r) is a change in...
outstanding debt.
inflation.
purchasing power.
government bonds.
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Interest on a loan is...
not really necessary.
a fee for loss-of-use of that capital.
not calculated fairly.
a fee to punish borrowers.
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The demand curve for credit slopes...
down because a high interest rate makes borrowing expensive.
up because a high interest rate makes borrowing expensive.
down because a high interest rate makes borrowing cheap.
up because a high interest rate makes borrowing cheap.
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Economic agents consider __________ interest rates when making decisions.
real
nominal
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