Ural Mountains and Southwest Siberia.
The nominal interest rate minus the expected rate of inflation: "defines the real interest rate" (Option A)
<h3>What is nominal interest rate?</h3>
In business and accounting, the nominal interest rate or nominal rate of interest refers to one of two things: the rate of interest before inflation adjustment, or the rate of interest "as stated" without adjustment for the full effect of compounding.
<h3>What is real interest rate?</h3>
A real interest rate is the observed market interest rate adjusted for inflationary impacts.
It indicates the buying power worth of interest paid on a loan or investment. It also shows a borrower's and lender's rate of time preference.
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Full Question:
The nominal interest rate minus the expected rate of inflation ________.
A) defines the real interest rate
B) is a less accurate measure of the incentives to borrow and lend than is the nominal interest rate
C) is a less accurate indicator of the tightness of credit market conditions than is the nominal interest rate
D) defines the discount rate
Answer:
Economy is basically a society, and population is how many people live or work inside the community. Economy is basically doing labor work and then using it to buy food, clothing, shelter, education, health facility, etc. Which will be achieved if there was a good economy. Population is basically the amount of total people either living or visiting the community, town, city, state, country. Example: Philadelphia, PA is populated by 1,600,000+ people/citizens.
Answer:
The answer for your question is A) Farmer
