In the given situation, Amelia is wrong. Anyone who is fully aware and supported any criminal acts is considered a violator of the law. All people who participated in a criminal act is guilty of the crime.
However, it will only be punishable if there are witnesses and evidence.
Answer:
the real interest rate is 9.5%
Explanation:
The computation of the real interest rate is shown below:
But before that inflation rate need to be determined
Inflation rate is
= [CPI this year - CPIlast year] ÷ CPI last year
= {(190 - 200) ÷ 200} × 100
= -0.05 × 100
i = -5%
Now the real interest rate is
real interest rate = nominal interest rate - inflation rate
= 4.5% - (- 5%)
= 9.5%
Hence, the real interest rate is 9.5%
Answer : all of the above
I think this is the answer.
Income of a consumer is the main factor that affects the demand in the scenario illustrated below.
Explanation:
Income of a consumer is related with price of goods as well as taste and preference of goods. When the income of a consumer increases the consumer can buy goods which are costly in nature but on the other hand when the income of the consumer decreases the consumer will not be able to buy costly goods.
when the income of the consumer increases the consumer can concentrate more on its taste and preference but on the other hand when the income of the consumer decreases taste and preference for the good also reduces.