Answer:
Walter Raleigh
Explanation:
Elizabeth I granted authority to create a colony in North America to Walter Raleigh. It should be remembered, however, that this colony eventually failed, and a viable colony did not exist until Jamestown.
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.
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