Productivity is the "rate" at which goods and services are produced based upon total output given total inputs.
<h3>What is rate pf productivity?</h3>
In economics, productivity is the ratio of output to input, such as labour, capital, or any other resource. It is frequently determined for the economy as a ratio of hours worked to gross domestic product (GDP).
Labour productivity is calculated by the formula-
the labour productivity equation: total output / total input.
The residual of any discrepancy between the rate of output growth and the rate of input growth is used to calculate productivity growth.
To know more about the gross domestic product (GDP), here
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Answer:
10.24%
Explanation:
We can use fisher formula to calculate the real rate of return. The fisher equation is given as under:
(1 + i) = (1 + r) * (1 + h)
Here
Nominal Interest Rate is i
Real Interest Rate is r and is 6%
And Current Inflation Rate is 4%
By putting values, we have:
(1 + i) = (1 + 6%) * (1 + 4%)
(1 + i) = (1.06) * (1.04)
(1 + i) = 1.1024
i = 1.1024 - 1 = 10.24%
The nominal interest rate that I would suggest is 10.24%.
Answer:
Stock markets are one of the factors that affect the economy, but there are others as well. Consumer spending and business investment slows down, which reduces economic growth. Falling interest rates can stimulate economic growth. Fiscal policy decisions also can affect the economy.
<span>Net worth is calculated by adding all of your assets together and then subtracting your total amount of debt. In this case, your net worth are the items you own and how much value they are worth. The car ($3200) and the investments ($7500) added together make a total of $10700. Your total debts are $1300 from your credit cards. Subtracting debts from assets ($10700 - $1300) you have a total net worth of $9400.</span>
It would lead to inflation