The nominal interest rate minus the expected rate of inflation: "defines the real interest rate" (Option A)
<h3>What is nominal interest rate?</h3>
In business and accounting, the nominal interest rate or nominal rate of interest refers to one of two things: the rate of interest before inflation adjustment, or the rate of interest "as stated" without adjustment for the full effect of compounding.
<h3>What is real interest rate?</h3>
A real interest rate is the observed market interest rate adjusted for inflationary impacts.
It indicates the buying power worth of interest paid on a loan or investment. It also shows a borrower's and lender's rate of time preference.
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Full Question:
The nominal interest rate minus the expected rate of inflation ________.
A) defines the real interest rate
B) is a less accurate measure of the incentives to borrow and lend than is the nominal interest rate
C) is a less accurate indicator of the tightness of credit market conditions than is the nominal interest rate
D) defines the discount rate
With Lincoln becoming president and representing the North, the Southern states seceded, leading to a war. The state governments of the South argued that since the Constitution and federal government was created by the states, the federal government had no right to stop states from seceding. President Lincoln and other northerners disagreed and wanted to preserve the Union by stopping states from seceding.
The encomienda system was a labor system where the natives worked for the Spanish in exchange for protection and or a place to live etc
Answer:
It means that the only thing you know is anything
Explanation:
You don't know anything other than knowing not knowing
I don't know if I explain it clearly
Rosa should give the cashier the extra .50
Doing that is considered as a crime.