1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
exis [7]
3 years ago
15

A nominal interest rate is defined as "the opportunity cost of holding or using money." explain what you understand this definit

ion to mean.
Business
1 answer:
Salsk061 [2.6K]3 years ago
8 0
<span>A nominal interest rate means very low interest rates therefore we can use money for long duration by paying very low interest rate. We can hold this money for land duration. We also invest this money in other investment plan that gives better returns. This nominal interest rate is very helpful for running any business.</span>
You might be interested in
If the country were experiencing a recession, the Federal Reserve would _______________, lower the reserve requirement &amp; buy
Step2247 [10]
Lay people off or they would have to take people's money from the bank and pay them back later but I don't know the term that it is called when they do that

3 0
3 years ago
Read 2 more answers
Zach is very concerned about how others view him. he spends a great deal of time strategically choosing clothing and other produ
allochka39001 [22]
Impression management is the process he is involving in.
8 0
3 years ago
Barry's Sport Shop calls Champs Tee Shirt Company to order 200 designer tee shirts at $2 per shirt. The next day, Barry decides
lara31 [8.8K]

Answer: No.

Explanation: Based on the initial agreement made between Champs Tee shirt company and Barry's sport shop, which was the de sealed for the purchase of 200 shirts at a price of 100. Even though additional demand of 100 t-shirts was made, Champs decided to send 200. Barry will be unable to force Champs to send the additional 100 because the transaction was made and agreed on verbally without any written. or signed document which could be tendered as evidence when trying to force Champs to send the additional 100

8 0
3 years ago
_____ represent the interests of union members in their relations with their immediate supervisor and other members of managemen
Pavel [41]

Union stewards is what they call the one who represent the interest of the union members in their immediate supervisor and other members of the management. Union stewards are full-time employees at the workplace and generally are not paid by the union.

6 0
3 years ago
When an item is purchased ,money is exchanged for the to.......
kaheart [24]

Answer:

When an item is purchased ,money is exchanged for the to.......

Explanation:

When an item is purchased ,money is exchanged for the to.......

4 0
2 years ago
Read 2 more answers
Other questions:
  • Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 4,600 Salaries expense 1,800
    10·1 answer
  • Bev is opening her own court-reporting business. She financed the business by withdrawing money from her personal savings accoun
    7·1 answer
  • Searching for jobs and locating companies is just the start of finding employment
    7·1 answer
  • Game theory is useful in analyzing oligopoly behavior because: advertising is so common among oligopoly firms. it explains why o
    14·1 answer
  • The Chicago National League Ball Club (Chicago Cubs) operated Wrigley Field, the Cubs’s home park. Through the 1965 baseball sea
    15·1 answer
  • How would you address issues of equality
    15·1 answer
  • Cullumber Company makes three models of tasers. Information on the three products is given below. Tingler Shocker Stunner Sales
    11·1 answer
  • PLZ HELP
    15·2 answers
  • How much taxes will be taken out of my paycheck.
    12·1 answer
  • The Federal Reserve ________ pay interest on reserves held on deposit. The European System of Central Banks ________ pay interes
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!