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kumpel [21]
3 years ago
5

Optimizing economic agents use the real interest rate when thinking about the economic costs and returns of a loan. Suppose the

average rate paid by banks on savings accounts is 0.65% at a time when inflation is around 1.45%.
For the average saver, the real rate of interest on his or her savings is -0 80 %. If banks expect that the rate of inflation in the coming year will be 445% and they want a real return of 6% on a certain category of loans, then the nominal rate they should charge borrowers on those loans is ______ %

Business
1 answer:
Elan Coil [88]3 years ago
4 0

Answer:

10.45 %

Explanation:

Please see attachment

You might be interested in
Piaget’s concrete operational stage is characterized by the active, appropriate use of __________.
masya89 [10]

Piaget’s concrete operational stage is characterized by the active, appropriate use of: logic.

Jean Piaget was a developmental biologist and psychologist who was born on the 9th of August, 1896 in Neuchâtel, Switzerland.

Piaget worked extensively on cognitive development in infants and teenagers based on the following:

  • Judgement.
  • Knowledge.
  • Thoughts.

Jean Piaget's stages of cognitive development in an ascending order includes;

I. Sensorimotor stage.

II. Preoperational stage.

III. Concrete operational stage.

IV. Formal operational stage.

The concrete operational stage is typically described as age 7 through age 11, at which the child thinks logically.

In conclusion, the active, appropriate use of logic is a feature of John Piaget’s concrete operational stage.

Read more: https://www

brainly.com/question/20355893

3 0
2 years ago
Which of the following is an example of a criminal offense?
Aleks04 [339]
Check forging is it
7 0
3 years ago
Which of the following is one of the three core issues in developing and implementing organizational strategy? A. Political issu
IgorLugansk [536]

Answer:

The answer is B. Behavioral issues

Explanation:

Behaviour is embedded into the people and when this occur for a very long period of time, it becomes highly difficult to change these behaviours and moreover it becomes difficult for the employees change their attitudes and mindset as well.

Behavioral issues are among key obstacles when in implementing a new organisational strategies.

5 0
3 years ago
Beachside Co. sells two products, Skis and Snorkels. Last year Beachside sold 12,600 units of Skis and 23,400 units of Snorkels.
sasho [114]

Answer:

Weighted average selling price= $94

Explanation:

Giving the following information:

Sales in units:

Skis= 12,600

Snorkles= 23,400

Total= 36,000

Product: Unit Selling Price

Skis= $120

Snorkels= $80

We need to calculate the weighted average selling price per unit for the company as a whole.

<u>First, we need to calculate the participation of each product on sales:</u>

Skis= 12,600/36,000= 0.35

Snorkles= 23,400/36,000= 0.65

Weighted average selling price= (0.35*120) + (0.65*80)= $94

8 0
3 years ago
CEO, Inc.’s budgeted data for March when 2,400 units were budgeted to be produced and sold are provided: Controllable fixed cost
Temka [501]

Answer:

$1,450 unfavorable

Explanation:

For computing the variance, first we have to compute the budgeted profit which is shown below:

The budgeted profit = Revenue - expenses

where,

Revenue is $190,000

And, the expenses = Variable cost + Fixed cost

The variable cost per unit is not given so first we have to calculate it

Variable cost per unit = $105,840 ÷ 2,400 units  = $44.10

Now for 2,500 units, the total cost would be

= ($44.10 × 2,500 units) + $31,300

= $141,550

Now the budgeted profit would be

= $190,000 - $141,550

= $48,450

And, the variance equal to

= Actual profit - budgeted profit

= $47,000 - $48,450

= $1,450 unfavorable

4 0
3 years ago
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