Answer:
the rate of inflation is 2%.
Step-by-step explanation:
given:
Nominal interest rate =3%
Real interest rate=1%
To Find:
Rate of inflation=?
Solution:
Nominal interest rate:
Nominal interest rate refers to the interest rate before taking inflation into account.
Inflation rate:
The inflation rate is the percent increase or decrease in prices during a specified period. It's usually over a month or a year.
Real interest rate:
A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.
Real interest rate ≈ nominal interest rate − inflation rate.
This can be re written as
inflation rate= Real interest rate - nominal interest rate
Substituting the values,
inflation interest = 1+3
inflation interest=4%
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Answer:
Number 21 is < number 23 is > number 22 is < and number 24 is >
Step-by-step explanation:
2. Dividing exponential expression with the same base is what the left hand fractional expression is. Z^8/Z^?=z^6. Since all the bases are the same. To get the exponential power 6 on the right we subtract the denominator’s (bottom part of the fraction) exponential power (on the left) from the numerator’s (top part) exponential power.
Then, 8 - ? = 6? 2 is the only number to make the left equal the right side. This, z^8/z^2=z^6
Answer:
Step-by-step explanation:
n(30/100)=27
n=100(27)/30
n=90
