Answer:
Ai Lun estimate that real rate would be 1%
Explanation:
The Formula for the Real Rate of Return is
Real rate of return =Nominal interest rate - Inflation rate
In this case ,
Nominal interest rate =3%
Inflation rate is given by the rising of the consumer prices =2%
So,
Real rate of return =3% - 2%
Real rate of return=1%
Answer:
C) Central banks finance large government budget deficits
Explanation:
Hyperinflation is when general price level rise at accelerating high rates. This leads to loss in real value of currency, people tend to substitute it by other stable currency holdings.
An important cause of Hyperinflation is Deficit Financing. This means government generating funds, by bank issuing (printing) new currency. It is done to cover the deficit, the excess of government expenses over its revenues.
Increase in currency money supply, by borrowing from central bank - raises Aggregate Demand & general price level at a very rapid rate, i.e Hyperinflation
Answer:
Correct option is (d)
Explanation:
Corporate social responsibility is an initiative taken by companies to act for the benefit of the society. Since companies utilize resources from the society, it their responsibility to give back to the society in the form of charity to non governmental organizations, welfare of underprivileged and protecting the environment.
Here, though Enron was undertaking unethical means for personal benefits, it was also carrying out corporate social responsibility by donating to Houston area charities.
Which certificate is the lowest level certification that a personal finance manager requires to sell mutual funds, trusts, and variable annuities?
The answer is option B - series 6 certificate.
The series 6 certificate helps an individual to purchase or sell mutual funds, variable life insurance, municipal fund securities, variable annuities and unit investment trusts.
If i am correct it is A. Yep, I googled it
