Answer:
3%
Explanation:
real interest rate ≈ nomial interest rate - inflation
ratereal interest rate ≈ 6 - 3 ≈ 3%
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Answer:
a. Retailer
Explanation:
Retailer is "a business or person that sells goods to the consumer, as opposed to a wholesaler or supplier, who normally sell their goods to another business
"
Reference: WebFinance. “Read the Full Definition.” BusinessDictionary.com, 2019
Answer:
Panic
Explanation:
A panic attack is the abrupt onset of intense fear or discomfort that reaches a peak within minutes and includes at least four of the following symptoms: Palpitations, pounding heart, or accelerated heart rate. Sweating. Trembling or shaking. Sensations of shortness of breath or smothering.
Answer:
The forecast exchange rate in one's year time according to Goldman Sachs is MXN 14.25/USD
Explanation:
The fact that the Mexican Peso will lose 15% of its value to the dollar means that a dollar will command 15% of the current Peso value in a year's time.
Mathematically, MXN 9.5*1.15= MXN14.25 in a year's time.
It also implies that a Mexican with dollars wanting to convert into MXN in a year's time will receive more Peso compared to now.
