Using the Fisher equation, which shows the exact
relationship between nominal interest rates, real interest rates, and inflation
is:
The solution would be:
(1 +R) = (1 +r)(1 +h)
R= (1 + .031)(1 + .019) – 1
= (1.031)(1.019) – 1
= 1.050589 – 1
=0.050589 or 5.059%
Keynes argued that the private sector was unable to keep the economy at full employment. as a result, the government should take an active role in managing the economy.
<h3>What is a
Keynesian economic theory?</h3>
According to Keynesian economics, the government should raise demand to spur economic growth. Consumer demand, according to Keynesians, is the main engine of an economy. Therefore, the hypothesis is in favor of an expansionary monetary policy. Government spending on infrastructure, unemployment benefits, and education are its key tools. Overusing Keynesian programs has the disadvantage of raising inflation. An economic school of thinking known as Keynesian Economic Theory holds that for economies to recover from recessions, government involvement is required.
To learn more about Keynesian economic theory visit:
brainly.com/question/12556754
#SPJ4
Answer: i beleive the small farming villages sorry if im wrong
Explanation:
The correct answer is letter B.
Privilege gives white people higher wages, greater access to education, and even more ability to stay alive.
Being one of the consequences of racial inequality in the country since the period of enslavement, white privilege is a silent, naturalized factor in daily life that conditions blacks to the worst conditions of life and guarantees whites easy access to various types of social advantages.
Answer: this is an example of <u>operant variability.</u>
Explanation:
Operant variability means that results of an operation may vary so responses are sometimes easy to predict, at other times responding seems highly variable, unpredictable, or even random. The inability to predict is generally attributed to ignorance of controlling variables.
