Answer:
Nominal rate of return= 7.11%
Explanation:
Inflation is the increase in the price level.It erodes the value of money.rise in the price of money
Nominal interest is that quoted for investment or loan transactions. It has not been been adjusted for inflation.
Real interest rate is the amount of interest in terms of the the quantity of good and services that can be purchased. It is the nominal interest rate adjusted for inflation.
The relationship between inflation, real interest and nominal interest rate is given using the Fishers Effect;
N = ( (1+R) × (1+F)) - 1
N- nominal rate, R-real rate, F- inflation
real rate - 2.2%, inflation - 4.8%
Nominal rate of return =(1.022)× (1.048) - 1 = 0.071056
Nominal rate of return = 0.071056
× 100 = 7.1056
%
Nominal rate of return= 7.11%
it is false that the United State Constitution is a statement of general principle of the civil law, rather, it is is a statement of general principle of the constitutional law.
Civil law refers to the body of law that entails the rules on settling disputes between individuals, corporations etc.
Constitutional law refers to the body of law which are gotten from common law and Constitution and helps in defining powers of the government as well as guiding the duties or rights of citizens.
Therefore, it is false that the United State Constitution is a statement of general principle of the civil law, rather, it is is a statement of general principle of the constitutional law.
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<em>brainly.com/question/493036</em>
Answer:
The first one is "More will be supplied at higher prices"
The second one is shortages
The third one is upward
Explanation:
Sorry this took long....
Answer:
Demand Increase = Supply Increase : No change in price, quantity increases
Demand Increase > Supply Increase: Price increase, quantity increase
Demand Increase < Supply Increase : Price decrease, quantity increase
Explanation:
Markets are at equilibrium where market demand = market supply. And, upward sloping supply curve intersects with downward sloping demand curve.
If both demand & supply of dog treats increase, the effect on change in price & quantity will depend on their relative magnitude
- If increase in demand = Increase in Supply : Both the curves shift equivalently rightwards. At new equilibrium - there is no change in price, as demand increase is fulfilled by supply increase. The equilibrium quantity increases
- If increase in demand > Increase in Supply : Demand curve shifts more rightwards than supply curve. This creates excess demand & competition among buyers increase the new equilibrium price. The equilibrium quantity also increases.
- If increase in demand < Increase in Supply : Supply curve shifts more rightwards than demand curve. This creates excess supply & competition among sellers reduce the new equilibrium price. The new equilibrium quantity increases.
The best way to describe Jamal's unemployment would be <u>Structural</u>
