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svlad2 [7]
3 years ago
11

20. The consumer price index was 120 in 2013 and 126 in 2014. The nominal interest rate during this period was 8 percent. What w

as the real interest rate during this period? A) 3 percent B) 2 percent C) 3.3 percent D) 5.2 percent E) 12.8 percent
Business
1 answer:
Stella [2.4K]3 years ago
5 0

Answer: 3%

Explanation:

To calculate the real interest rate, it should be noted that the inflation rate is needed and this can be calculated using the consumer price index as:

= [(126-120)/120] × 100

= 6/120 × 100

= 5%

Real interest rate will now be:

= Nominal Rate - Inflation Rate

= 8% - 5%

= 3%

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Iliana’s gross pay is $2,130 per month. Her deductions total $270. She budgets for $1,000 in fixed expenses and $400 in variable
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Lliana saved $460, her gross of which is $2,130 minus her total deductions which is $270. Her fixed expenses which $1,000 we know that it is liability like payment to the bills, the $400 variables expenses can be her food and transportation or other expense that she might need to spend. In calculation, the equation is $2,130 - $270 - $1,000 - $400 = $460
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3 years ago
Read 2 more answers
Dixie is a product of the Digby company. Digby's sales forecast for Dixie is 506 units. Digby wants to have an extra 10% of unit
n200080 [17]

Answer:

556.6 or 557 units

Explanation:

Given that,

Digby's sales forecast for Dixie = 506 units

Digby wants to have an extra units on hand above and beyond their forecast = 10%

Production units = Sales × (1 + Reserve Percentage)

                             = 506 × (1 + 10%)

                            = 506 × 110%

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Therefore, the Dixie's will produce 557 units in order to have a 10% reserve of units available for sale.

5 0
3 years ago
What is the hypothetical economic and political system in which all people in society are socially equal?
creativ13 [48]
The answer is communism. It is a political and economic system derived from Karl Marx in which the main prolific resources in a society are possessed by the state and wealth is shared among citizens equally or according to an individual's need and each person is paid according to their skills and essentials.
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3 years ago
The term____ refers to a market exchange that affects a third party who is outside or external to the exchange
amm1812
The term spillover refers to a market exchange that affects a third party who is outside or external to the exchange
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babymother [125]

Answer:

When we physically encounter a three-dimensional form, the tactile sensation we experience is its <u>ACTUAL TEXTURE</u>. Two-dimensional images, however, have <u>IMPLIED TEXTURE</u>, which means the artist creates an effect that reminds us of our tactile memory of a real-life surface. Artists who wish to contradict our previous tactile experiences employ <u>SUBVERSIVE TEXTURE</u> in order to make us reconsider our preconceptions about the world around us.

Explanation:

Actual texture is combination of how an artwork looks and how it actually feels when someone touches it. Even paintings have texture and different artists use different painting techniques to create that texture.

Implied or simulated texture means that the artist is creating a visual effect of texture.

When artists use subversive textures, they are inventing textures by adding alternate materials.

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3 years ago
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