1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nata [24]
2 years ago
8

If the inflation rate is 2 percent and the real interest rate is 7 percent, then the nominal interest rate is-____________.

Business
1 answer:
Tasya [4]2 years ago
3 0

The nominal interest rate is 9%.

<h3>What is the nominal interest rate?</h3>

Interest rate is the rate earned on deposits or the rate charged on loans. Interest rate could be real interest rate or nominal interest rate. Nominal interest rate is real interest rate plus inflation rate. Real interest rate is interest rate that has been adjusted for inflation. Inflation rate is the rate at which the general price levels in the economy is increasing.

Nominal interest rate = real interest rate + nominal interest rate

2% + 7% = 9%

To learn more about interest rate, please check: brainly.com/question/14935026

#SPJ1

You might be interested in
To fully leverage the capacity of the health workforce and align care processes to emerging financial incentives, scope-of-pract
Delicious77 [7]

The scope of practice regulations for <u>Nurse Practitioners (NP)</u> should be reconsidered.

Across the states, there is substantial variation in the scope of practice permitted to NP’s. Some states allow NP’s to provide care independently without the need for physician collaboration or supervision, while other states do not allow NP’s to do so. Thus there is a great need to align the regulations set for NP’s.

4 0
3 years ago
______ are the assets, capabilities, processes, information, and knowledge that an organization uses to improve its effectivenes
MA_775_DIABLO [31]
Resources are the assets, capabilities, processes, information, and knowledge that an organization uses to improve it's effectiveness and efficiency, to create and sustain competitive advantage, and to fulfill a need or solve a problem.
4 0
3 years ago
Hiring decisions at Maarja's Razors are made by Maimu Maarja, the Director of Human Resources. Pay rates are approved by the Vic
barxatty [35]

Answer:

Effective

Explanation:

Segregation of duties (SOD) is an essential part of the effectiveness of internal controls for any business. This integral separation ensures that key processes are performed by more than one person to prevent fraud or financial misstatement. While technology continues to become more sophisticated, the time is now to implement controls that segregate key functions within processes such as cash disbursements, investments, payroll, and many other areas.

Maarja's Razors is implementing effectively the segregation of duties. Key processes are performed by more than one person, and this helps in flexibility of operations.

4 0
3 years ago
Read 2 more answers
If consumer has rational, monotonic and convex preferences, which of the following is true concerning the substitution effect of
Zanzabum

Answer:

It will lead to an increase in consumption of good X only if X is a normal good ( D )

Explanation:

If consumer has rational, monotonic and convex preference the decrease in price of good X will lead to an increase in consumption of good X only if X is a Normal good .

This is because the demand for Normal goods increases with increase in consumers income. therefore <em>a decrease in price will automatically lead to an increase in demand because of the increase in the purchasing power of the consumer's income.</em>

5 0
3 years ago
In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decr
Monica [59]

In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as <u>consumption </u>when purchased by households and <u>investment</u> when purchased by businesses.

Gross domestic product (GDP) is the overall monetary or market value of all of the goods and services produced within a country's borders in a particular time period.

GDP can be calculated by adding up all of the money spent by consumers, businesses, and the government in a given period. It may also be calculated by adding up all of the money received by all the participants in the economy.

learn more about Gross domestic product (GDP) here

brainly.com/question/1383956

#SPJ4

3 0
2 years ago
Other questions:
  • Consider the following list of items: Food Electric bill Clothing Health insurance These are all examples of:
    5·2 answers
  • In doing a Kodak SWOT analysis, which of the following represents a traditional strength that the company leveraged into the new
    5·1 answer
  • 19th century how successful were labor organizations in improving the working conditions for, and advancing the interests of ind
    14·1 answer
  • Craig, a sales manager, has been asked to explain the under performance of his team in the previous financial year. Instead of u
    12·1 answer
  • Inventory records help determine how many items of material, components, and subassemblies need to be ordered to make the final
    15·1 answer
  • Here are simplified financial statements for Watervan Corporation. INCOME STATEMENT (Figures in $millions)Net sales $881Cost of
    8·1 answer
  • Define Bhutanese company with an example
    6·1 answer
  • Quantum Company uses the high-low method to estimate the cost function. The information for 2017 is provided below: Machine-hour
    5·1 answer
  • Hall, a divorced person and custodian of her 12-year-old child, filed her 2021 federal income tax return as head of a household.
    10·1 answer
  • The strategies an organization develops to provide value to the customers it serves is called:____.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!