Answer:
B. price ceiling.
A government policy that sets the highest price that can be charged for a good or service is a price ceiling.
E. Weather or not the buyer experiences
Answer:
A budget is how much you can spend
Explanation:
what i mean by that is lets say you want to buy a house for 250 thousand dollars that is your budget
Answer:
The correct answer is c) 3.7
.
Explanation:
The first thing we should do is calculate inflation: (2.40 - 2.37) / 2.37 = 1.3
Inflation Rate = 1.3
2.) Calculate the real interest rate
Real interest rate = nominal interest rate - inflation rate
5 - 1.3 = 3.7
3.7 is the real interest rate