Answer:
If nominal interest rate equals 5 percent and expected inflation is 3 percent, then the new nominal and real interest rates are respectively 5% and 2%.
Explanation:
The nominal interest rate is called the interest rate that is set by the bank and that will be added to the initial capital gradually according to the percentage established in the initially determined time. Thus, in the case, an annual interest of 5% is given, with which a deposit of $ 100 will rise to $ 105 after one year.
Now, the nominal interest rate may not represent real money growth. This is so because, due to inflation, a depreciation of the invested value occurs. Thus, for example, a deposit with an interest rate of 5% per year in a currency with inflation of 10% per year is losing 5% of its value during that year. In the case, since inflation is 3%, the real interest rate (that is, the real growth of investment) is 2%.
Answer:
Employers don't want to train their employees because they fear they'll leave the company — which employees are actually doing more and more frequently these days — which means all the effort and expense of the training process will be wasted.
Bottom up is
Feature processing
Letter processing
Word processing
Phrase processing
Comprehension
Top down processing is just the opposite.
True....a person has the right by law to refuse a sobriety test.
