Answer:
Option C If there is zero inflation, the nominal interest rate is equal to the real interest rate
Explanation:
The reason is that, according to Fisher Formula:
(1+n) = (1+r)*(1+i)
And here
r is real rate
i is inflation
n is nominal rate
When i is zero, then
(1+n) = (1+r)*(1+0)
(1+n) = (1+r)
1+n = 1+ r
n= 1 + r - 1
n=r
Hence the statement C is right that when inflation is zero then the nominal interest is equal to real rate.
Taxes levied by the state took the place of labor dues levied by the lord of the land. So forced labor occurred.
Answer:
opo
Explanation:
para ito at maging pribado magtatanong muna kung kakilala para hindi maging delikado yun la
ng po :-)
sana makatulong po sainyo
Popular vote system. This system does a poor job of keeping out dictators.
