Community Supported Agriculture programs involve partnerships between food producers and local consumers in which the farms provide shares of their harvest with community members who support the farm by working on or financing the farm.
This partnership is important because it hedges the gap between the food producers and the local consumers who come together to provide food.
<h3>What is Partnership?</h3>
This refers to the arrangement where parties, known as business partners, agree to cooperate for a mutual benefit.
Hence, we can see that Community Supported Agriculture programs involve partnerships between food producers and local consumers in which the farms provide shares of their harvest with community members who support the farm by working on or financing the farm.
This partnership is important because it hedges the gap between the food producers and the local consumers who come together to provide food.
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Considering that nominal interest rate is 8% and the inflation rate is 3%, then, real interest rate will equals 3%.
Given Information
Nominal interest rate = 8%
Inflation rate = 3 percent
Real interest rate = Nominal interest rate - Inflation rate
Real interest rate = 8% - 3%
Real interest rate = 5%.
Hence, considering that nominal interest rate is 8% and the inflation rate is 3%, then, real interest rate will equals 3%.
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