Answer:
A. The expected real rate of interest increases by one percentage point for each percentage change in expected inflation.
Explanation:
The Fisher effect is an economic term referred to as the relationship between real and nominal interest rates with inflation. This theory explains that the real interest rate is equal to the nominal interest rate minus the expected inflation rate. In other words, if nominal rates do not increase at the same rate as inflation, then real interest rates will fall while inflation increases.
<span>The correct answer is tobacco and indigo</span>
Answer:
Interpretation
Explanation:
The stage called Interpretation occurs when after individuals perceive the events that are happening in a situation, each individual interprets these events in their own way according to their beliefs, memories, bias, ideas, among others. The stage of the interpretation can be applied to the case of the couple exposed in the question, where the wife accused her husband of paying close attention to their server. The husband interpreted the attention he gave the server as a response to the server's sympathy, but the wife interpreted it as a boldness or a betrayal.
Answer:
Bishop Bossuet <em>believes</em> that the king will be a <em>father to the kingdom </em>and the king should look after everyone in the kingdom, so he <em>took a strong stand on Divine Right kings.
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<u>Explanation:
</u>
Bishop Bossuet was a great priest during the time of <em>Louis XIV</em>. Bossuet argued with the government that the government was eternal and the kings received powers from god. He believes that the king looks after all the people because king is the father.
Bossuet says that this government is most natural, most common and most ancient form of government. All countries are ruled by the kings we he says that <em>whenever there is another form of the government it loses good qualities and leads to the society without any authorities.</em> These led Bishop Bossuet powerful belief on Divine Right kings.
