Inflation increases the rate of return.
Answer:
the rate of commission is 8%
Explanation:
The computation of the rate of commission is shown below:
Rate of commission is
= Commission received by the broker ÷ Sale value of the home
where,
The Commission received by the broker is $13,200
And, the sale value of the home is $165,000
Now put these values to the above formula
So, the rate of commission is
= $132,00 ÷ $165,000
= 8%
Hence, the rate of commission is 8%
Answer:
<u>4 bushels, 2 bushels, Bellisima, Euphoria</u>
Explanation:
Remember, opportunity cost as used in this context<em> refers to the loss of other profit alternatives when one alternative is chosen</em>. In this scenario if we consider the two neighboring countires called Acadia and Euphoria. Both have 4 million labor hours per month that they can use to produce corn, jeans, or a combination of both.
Euphoria produces <em>4 bushels of corn per hour and 16 pairs of jeans</em><em>. </em>Acadia produces<em> 5 bushels of corn per hour and 10 pairs of jeans.</em> Euphoria produces <em>12 million bushels of corn and 16 million pairs of jeans</em> and Acadia produces <em>5 million bushels of corn and 30 million pairs of jeans.</em>
<em></em>
<u>Euphoria's opportunity cost of producing one bushel of corn is</u> = 4 pairs of jeans and
<u>Acadia's cost of producing one bushel of corn is </u>= 2 pairs of jeans.
Finanlly, It is obvious that Acadia has the comparative advantage of producing corn, and Euphoria has the comparative advantage of producing jeans.
Answer:
The question is missing the below details:
inflation rate of Zero % = real rate of 6%
inflation rate of 2.8% = real rate of 3.2%
inflation rate of 5.8% = real rate of 0.2%
Explanation:
The interest rate consists of both the real rate of return and the inflation rate- return meant to compensate investors the prevalent rate of return in the economy.
Nominal rate=real rate+Inflation rate
real rate=nominal rate-inflation rate
at inflation rate of 0
real rate =6%-0
real rate -6%
at inflation rate 2.8%
real rate=6%-2.8%
real rate=3.2%
at inflation rate of 5.8%
real rate=6%-5.8%
real rate=0.2%
Answer:
The rate paid for the use of credit
Explanation:
When making a credit card payment, you must pay the bank the amount that you spent during the month, plus an interest rate, which will vary depending on how much you spend with the credit card, and the interest rate could vary based on your credit score, or dependability on paying your loans.
Hope this helps!