Answer:
Since the real rate of interest is negative, this means that the purchasing power of the savings have decreased over the year.
Explanation:
Data provided:
Interest rates = 7.85 %
The rate of inflation = 12.3 %
Now,
The Real interest rate is calculated as :
Real interest rate = Nominal interest rate - Inflation rate
on substituting the respective values, we get
Real interest rate = 7.85% - 12.3%
Or
The real interest rate = - 4.45%
Here,
Since the real rate of interest is negative, this means that the purchasing power of the savings have decreased over the year.
Answer:
positive public image, attracting more customers
Explanation:
Closing cost is the term used to call for a fees associated with buying and finalizing your loan. When you say closing cost meaning you are closing a real estate transaction. From the world itself closing, meaning you are conveying the estate to the buyer.
<span>Among the challenges facing those who practice the medical model today are cure versus control, the development of new drugs and <span><span><u>the control of medical services.</u>
</span></span>According to the definition, the medical model is "</span><span>a term in psychology, indicating the assumption that abnormal behavior is the result of physical problems and should be treated medically."</span><span>
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