I believe that the smallest defined unit of time on the geological scale are ages.
Here are all of them, ranked from largest to smallest: eons, eras, periods, epochs, and ages.
Eons are very large chunks of time which encompass more than 500 years, whereas ages can last from a couple of years to about a hundred.
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%.
Though supervisors in a corporate or office setting tends to have multiple responsibilities, their primary one, the reason why they are supervisors in the first place, is because they (A) have the ability to teach the job you will be doing.
The most important part that a newly hired employee would need to know is how to do their job properly in the new setting – this is where supervisors should play their part.
