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Jobisdone [24]
4 years ago
12

You observe that the current interest rate on short-term U.S. Treasury bills is 4.23 percent. You also read in the newspaper tha

t the GDP deflator, which is a common macroeconomic indicator used by market analysts to gauge the inflation rate, currently implies that inflation is 1.2 percent. What is the approximate real rate of interest on short-term Treasury bills? (Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)
Approximate real rate %
Business
1 answer:
slamgirl [31]4 years ago
4 0

Answer:

Approximate real rate is 3.03%

Explanation:

We know that,

Real rate = Nominal rate - Inflation rate

Real rate = 4.23% - 1.2%

Real rate = 3.03%

The U.S treasury bills are considered as a nominal rate i.e 4.23% and the inflation rate is 1.2%. We simply subtract the nominal rate with the inflation rate to find out the real rate so that the accurate rate could come

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Liono4ka [1.6K]

I guess the correct answer is rivalry among existing firms in an industry

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3 0
4 years ago
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777dan777 [17]

Answer:

The correct answer is letter "B": liabilities that do not come due within the next 12 months.

Explanation:

Long-Term Debt is any debt or liability of a company that is due in more than one year (12 months). Long term debt is a category on the balance sheet included in the Liability Section. Commonly considered long-term debt forms are bonds, loan deals, and lease obligations.

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Vaselesa [24]

Answer:

A

Explanation:

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