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Nookie1986 [14]
3 years ago
13

Assume the real rate was 9.5% and the inflation rate was 4%. Using the Fisher Effect, what was the nominal rate?

Business
1 answer:
Paul [167]3 years ago
6 0

Answer:

13.88%

Explanation:

According to the fisher effect

(1 + nominal rate) = (1 + real rate) x (1+ inflation rate)

= (1.095) x (1.04) = 1.1388

(1 + nominal rate) = 1.1388

Nominal rate = 1.1388 - 1 = 0.1388 = 13.88%

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<span>9.20 percent

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3 years ago
huck Ponzi has talked an elderly woman into loaning him ​$30 comma 000 for a new business venture. She​ has, however, successful
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4 years ago
Theo founder Joe Whinney believes that that a business should benefit every partner throughout the organization's entire supply
DENIUS [597]

Answer:

C. Egoism

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The ability to influence price is called
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It is called Market Power...
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3 years ago
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