The answer is Tertiary Sector :D
Answer:
A. The expected real rate of interest increases by one percentage point for each percentage change in expected inflation.
Explanation:
The Fisher effect is an economic term referred to as the relationship between real and nominal interest rates with inflation. This theory explains that the real interest rate is equal to the nominal interest rate minus the expected inflation rate. In other words, if nominal rates do not increase at the same rate as inflation, then real interest rates will fall while inflation increases.
Answer:
England and Spain
Explanation:
During age of exploration, Many European countries invested heavily in the sailors & explorers with the hope that they would come back with new information that could benefit their country. (such as new land to obtain natural resources or new trade routes).
Compared to other Europeans, England and Spain are considered to be the most successful in their effort.
They managed to colonize a lot of regions and make local people learn their cultures, Religion, language, and political system.
One of the proof of this could be seen in the most spoken language today. If we only count the language that spoken by people outside their country of origin, English and Spanish Language ranked 1st and 2nd .
