Based on the information given the real rate of interest is:2%.
<h3>Real rate of interest</h3>
Using this formula
Real rate of interest=Nominal interest rate-Inflation rate-
Where:
Inflation rate=5%
Nominal interest rate=7%
Let plug in the formula
Real rate of interest=7%-5%
Real rate of interest=2%
Inconclusion the real rate of interest is:2%.
Learn more about real rate of interest here:brainly.com/question/25877453
<span>
<span>It is
believed that the tradition of celebrating April fools' day began
approximately in the mid sixteenth century when France (upon the directive of
Pope Gregory XIII) abandoned the Julian calendar in favor of the Gregorian
calendar. Use of this new calendar meant that the new year would now begin on
the first day of January as opposed to the first day of April. Those who did
not catch this news in time went on celebrating the beginning of the new year
on April 1st and as such they were ridiculed
and made the laughing stock on this account. These people would
henceforth be referred to as 'April fools'.</span></span>
Answer:
The Utopians make chamber-pots out of gold and The Utopians use gold to chain enslaved people.
Answer:
23.19%
Explanation:
Data given in the question
Spending minutes in the hospital = 69
Queue time = 20 minutes
Form filling time = 21 minutes
Doctor treatment time = 16 minutes
Payment time = 12 minutes
So, by considering the above information, the service cycle efficiency is
Service cycle efficiency = Doctor Treatment time ÷ Total time spent in the hospital
= 16 minutes ÷ 69 minutes
= 23.19%
When personal income taxes is increased, there would be a decrease in consumption of $67.
<h3>What is the MPC?</h3>
The marginal propensity to consume is the proportion of the disposable income that is spent. When personal income taxes are increased, there would be a decrease in the disposable income. The decrease in disposable income would reduce the income avalialbe for consumption.
Decrease in consumption = 2/3 x $100 = $67
To learn more about marginal propensity to consume, please check: brainly.com/question/19089833
#SPJ1
