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Grace [21]
4 years ago
13

Americans spend the largest portion of their budget on _____

Business
1 answer:
raketka [301]4 years ago
7 0
Answer - Housing
  Americans' biggest expense is on housing. Low income families actually exhaust more proportionately on their shelter than high income families. Generally speaking, the average American family spends roughly one third of their annual budget on securing a roof over their heads. <span>
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Shawn puts money into an account. One year later he sees that he has 6 percent more dollars and that his money will buy 5 percen
Paladinen [302]

Answer:

d. The nominal interest rate was 6 percent and the inflation rate was 1 percent.

Explanation:

Nominal interest rate = real interest rate + inflation rate

Real interest rate is nominal interest rate less inflation rate. The real interest rate represents the real purchasing power of interest paid.

If the interest rate buys 5 percent more goods ,it means that the purchasing power and the real interest rate is 5 percent.

The nominal interest rate is 6 %

Inflation rate = nominal interest rate - real interest rate

= 6% - 5% = 1%

I hope my answer helps you.

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If an investment adviser representative transacting business in a state terminates employment with a state registered investment
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B

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B and C

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Because people dont like wierd ads and sketchy things

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