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
Mashcka [7]
3 years ago
8

Suppose that the nominal interest rate in Japan is only 2.02.0 ​percent, while the comparable rate in the United States is 4.04.

0 percent.​ Japan's rate of inflation is 0.50.5 percent while the U.S. inflation rate is 3.03.0 percent. Which economy has the higher real interest​ rate?
Business
1 answer:
Svetach [21]3 years ago
6 0

Answer:

Japan

Explanation:

Data provided in the question

Japan Nominal interest rate = 2.0%

U. S Nominal interest rate = 4.0%

Japan inflation rate = 0.50%

U.S inflation rate = 3.0%

Now the formula to compute the real interest rate is

Real interest rate = Nominal interest rate - inflation rate

For Japan, it is

= 2% - 0.50%

= 1.50%

For U.S, it is

= 4.0% - 3.0%

= 1.0%

So as we can see that highest rate interest rate is 1.50% i.e of Japan

You might be interested in
Lance, Art, and Wayne have joined together to open a law practice but are struggling to manage their cash flow. They haven’t yet
mixas84 [53]

Answer:

This is very simple, they should start billing their clients right away.

You don't have to bill your clients for the full legal expenses, but they for sure need to start making some money.

It is very normal that new businesses don't get enough revenue to cover their operation expenses right away. Even for big corporations, like Amazon and FB, it may take years to reach the break even point.

When you open a business you have to keep some money as reserve to cover some expenses for at least a few months.

6 0
3 years ago
a. The owner invested $18,000 cash in the company in exchange for its common stock. b. The company purchased supplies for $1,250
BlackZzzverrR [31]

Answer:

since there is not enough room here I used an excel spreadsheet

Explanation:

Download pdf
6 0
3 years ago
Short Corp. reported net income of $63,000 for the year and had a tax rate of 30%. Net sales were $300,000 and Operating expense
Mekhanik [1.2K]

Answer:

Cost of goods sold  : $ 120.000

Explanation:

income before taxes   : 63000 / 0.7 = 90000  

(+) expenses                                          90.000

Total                                                      180.000

(-) net sales                                         300.000

= cost of goods                                   120.000

7 0
3 years ago
Which level indicates the point of maximum economic efficiency?
Bezzdna [24]
The level which indicates the point of maximum economic efficiency IS THE LOWEST POINT ON AVERAGE COST CURVE. 
The average cost curve is the curve that graphically represents the relationship between average cost by a company and the product produced. The point of maximum efficiency on the curve is the lowest point on the curve.
6 0
3 years ago
How many days will it take for a sum of $1300 to earn $16 interest if it is deposited in a bank paying simple interest at the ra
Sav [38]
The formula is
I=prt
I interest earned 16
P principle 1300
R interest rate 0.04
T time t/365days
16=1300×0.04×(t/365)
Solve for t
T=(16÷(1,300×0.04))×365
T=112.3 days round your answer to get 112 days

Hope it helps!
3 0
3 years ago
Other questions:
  • If a good is both excludable and nonrival in consumption, then it is
    5·1 answer
  • Intel pioneered microprocessor development in the 1970s and introduced its microprocessor well ahead of competitors. According t
    6·1 answer
  • Search the Internet for information on software development management policies.
    15·1 answer
  • 1. What is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.0
    11·1 answer
  • Jill has joined the police academy. During the training process, Jill and the other cadets are made to wear uniforms and maintai
    8·1 answer
  • Which of the following is true with regard to use of individuals and teams? A. Teams and individuals can be used interchangeably
    7·2 answers
  • Legislates and enforces regulations that
    6·1 answer
  • At the end of the first year of operations, Gaur Manufacturing had gross accounts receivable of $412,000. Gaur's management esti
    15·1 answer
  • As we consider process improvement efforts, when we identify the needs and
    11·1 answer
  • According to the price equation, the actual price is the list price less blank______, plus extra fees.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!