Answer:
A
Explanation:
consumers reduce spending because of a recession
Answer:
43-0000 Office and Administrative Support Occupations (Major Group)
Explanation:
Answer:
B tutor how are u???????????
Answer:
The inflation rate of return is 3.60%
Explanation:
As we know,
Inflation rate of return = {( 1 + nominal rate of return) ÷ ( 1+ real rate of return)} - 1
= {( 1 + 15%) ÷ (1+11%)} - 1
= (1.15) ÷ (1.11)} - 1
= 1.0360 - 1
= 0.360 or 3.60%
The inflation rate of return shows a relationship between the nominal rate of return and the real rate of return. We simply divide the nominal rate of return by real rate of return
