The nominal interest rate minus the expected rate of inflation: "defines the real interest rate" (Option A)
<h3>What is nominal interest rate?</h3>
In business and accounting, the nominal interest rate or nominal rate of interest refers to one of two things: the rate of interest before inflation adjustment, or the rate of interest "as stated" without adjustment for the full effect of compounding.
<h3>What is real interest rate?</h3>
A real interest rate is the observed market interest rate adjusted for inflationary impacts.
It indicates the buying power worth of interest paid on a loan or investment. It also shows a borrower's and lender's rate of time preference.
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Full Question:
The nominal interest rate minus the expected rate of inflation ________.
A) defines the real interest rate
B) is a less accurate measure of the incentives to borrow and lend than is the nominal interest rate
C) is a less accurate indicator of the tightness of credit market conditions than is the nominal interest rate
D) defines the discount rate
Niagara Falls
Explanation:
- These are three large waterfalls that form the natural border between the US and Canada.
- This is one of the most visited attractions in the world with millions of visitors a year.
- This place has long been recognized for its beauty, but it is also an important source for electricity generation.
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Character uncle Ben… that’s the spider man phrase
Answer:
D None of the above
Explanation:
Social class:
It is a class where a group of people lives in a society with no difference between the social-economic status of people. It can be described as where a group of people shared their SES and this group has been used in research and censused of a country. The word class has come in the 19th century before this word-class there was a present word like rank, order that categorizes the social status of a group of people.
Carl Marx, Max Weber, these were the sociologist who worked on the society. There is such type of class status:
1.They were not allowed to vote and lost most control of their property (if they had any to begin with) in marriage. They could not divorce, and even single women could not make contracts, sue anyone, or be sued, at least until the late 18th century.
2 During most of American history, women’s lives in most states were circumscribed by common law brought to North America by English colonists
3 hey were not aloud to vote and lost most control of their property
4 Referent power is about gaining others’ followership because they respect you, they want your approval, and they want to be like you
