Answer: 9.31%
Explanation:
The Consumer Price Index (CPI) is able to check the price change per year by pricing a fixed basket of goods in different years. It can be used to calculate inflation with the formula;
Inflation rate = (CPI target year - CPI base year / CPI base year) *100
= 
=9.31%
Answer:
d. The nominal interest rate was 6 percent and the inflation rate was 1 percent.
Explanation:
Nominal interest rate = real interest rate + inflation rate
Real interest rate is nominal interest rate less inflation rate. The real interest rate represents the real purchasing power of interest paid.
If the interest rate buys 5 percent more goods ,it means that the purchasing power and the real interest rate is 5 percent.
The nominal interest rate is 6 %
Inflation rate = nominal interest rate - real interest rate
= 6% - 5% = 1%
I hope my answer helps you.
This type of municipal government is called the commission form. It is the type that combines the executive and legislative functions into a single body. In this type, the voters elect a small group called commission to lead the whole municipality.
Answer: C. Idiosyncratic Risk
Explanation:
Idiosyncratic risk which is also referred to as UNSYSTEMATIC RISK is the inherent risk involved when a specific asset is invested in.
The risk affects that specific asset and not the rest of the portfolio or the market. Hence it is the OPPOSITE of SYSTEMATIC RISK as Systematic risk affects all companies.
Idiosyncratic risks are more rooted in individual companies (or individual investments). Investors can mitigate idiosyncratic risks by diversifying their investment portfolios.
A Stock being dependant on a keep figure falls under this type of risk as it is unique to a certain company.
Steve Jobs was considered the Visionary behind Apple and so when he was ill and finally died, Apple Stock kept going down but not by too much.
Bless his soul.
The answer to this question is t<span>he sixth digit can vary among NAFTA countries
In the code,the sixth digit is used as an identifier while the first five digits will be exactly the same for NAFTA countries.
This codes will be used by businesses to classifies their companies based on the type of economic activity that being done in north american region.</span>
