Ain’t no way my boy
https://youtu.be/BiPMS1dqPMM
What’s the given figure??
The best option to answer the given question is (B) Most public and private schools require teaching certificates, so acquiring one is crucial in obtaining a teaching job.
Regardless of country, if you would like to teach in a formal education setting, you must have a teaching certification that is considered valid in said country. This, of course, includes the United States.
Answer:
If nominal interest rate equals 5 percent and expected inflation is 3 percent, then the new nominal and real interest rates are respectively 5% and 2%.
Explanation:
The nominal interest rate is called the interest rate that is set by the bank and that will be added to the initial capital gradually according to the percentage established in the initially determined time. Thus, in the case, an annual interest of 5% is given, with which a deposit of $ 100 will rise to $ 105 after one year.
Now, the nominal interest rate may not represent real money growth. This is so because, due to inflation, a depreciation of the invested value occurs. Thus, for example, a deposit with an interest rate of 5% per year in a currency with inflation of 10% per year is losing 5% of its value during that year. In the case, since inflation is 3%, the real interest rate (that is, the real growth of investment) is 2%.
