Answer:
Nominal rate = 5%
Explanation:
Given:
Require rate = 3%
Inflation rate = 2%
Find:
Nominal rate = ?
Computation:
⇒ Nominal rate = Require rate + Inflation rate
⇒ Nominal rate = 3% + 2%
⇒ Nominal rate = 5%
Therefore, The nominal rate she must charge is 5%
Answer:
workload
Explanation: had the same quiz not a long time ago
Answer:
ugg
Explanation:
serious answer
get a job
not serious answer
eat a raccoon from the trash
Answer:
C. raise the real federal funds rate by half of a percentage point
Explanation:
As per the Taylor rule, If inflation rate and target inflation rates are same and real GDP exceeds potential GDP by 1%, then real federal fund rates should increase by .5%. It is as per the Taylor rule formula.
I believe the answer is b
