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Arada [10]
3 years ago
7

For a number of years country a had inflation of 3% but for the last five years has had inflation of 6%. country b had inflation

of 4% for many years, but very recently inflation unexpectedly rose to 9%. other things the same, in which of the countries would the higher inflation rate be more likely to reduce unemployment?
Business
1 answer:
jasenka [17]3 years ago
5 0
Country B because of the recent boom in inflation.
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Joshua needed money for some unexpected expenses, so he borrowed $5,355.26 from a friend and agreed to repay the loan in seven e
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Answer:

10%

25.14 years

Explanation:

A financial calculator can be used to solve these problems

PMT = $-1,100

PV = $5,355.26

FV = 0

N = 7

Compute I = 10%

PMT = $-25,000

FV =  $1,387,311

I = 6%

PV = 0

Compute N = 25.14 years

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3 years ago
Liam, the photography editor of a national magazine, is looking through a series of pictures to find a model who seems strong an
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shusha [124]

Answer:

Insolvent banks;Solvent banks.

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The problem with bank runs is not that insolvent banks will fail; they are, after all, bankrupt and need to be shut down. The problem is that bank runs can cause solvent banks to fail and spread to the rest of the financial system.

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