Using the Fisher equation, which shows the exact
relationship between nominal interest rates, real interest rates, and inflation
is:
The solution would be:
(1 +R) = (1 +r)(1 +h)
R= (1 + .031)(1 + .019) – 1
= (1.031)(1.019) – 1
= 1.050589 – 1
=0.050589 or 5.059%
Answer:
Yes, almost all news sources are biased on some level, but there are some who have very little bias and just report facts.
Explanation:
States should continue to allow ballot initiatives and other forms of direct democracy as it empowers the people to enact aws and make amendments.
<h3>What is democracy?</h3>
It should be noted that democracy simply means a system of government where the people choose their leaders.
In this case, states should continue to allow ballot initiatives and other forms of direct democracy as it empowers the people to enact aws and make amendments.
Learn more about democracy on:
brainly.com/question/3710021
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Africa has a population of roughly 1.02 billion[3] and a surface of 30,221,532 km². Industrialization started marginally in the early 20th century in the colonies of the European nations, namely Portugal, Belgium, Spain, the Netherlands, Germany, France, Italy, and the United Kingdom. The continent's various wars for independence brought on the violent and disruptive division of Africa. Africa, being a major source of raw materials, saw the colonial powers vie for influence among the newly independent nations, with former colonial powers establishing special relations with their former colonies, often by offering economic aid and alliances for access to the vast resources of their former territories.
Today, the presence of diamonds, gold, silver, uranium, cobalt and large oil reserves have brought Africa to the forefront of industrial development, with many of the world's economic powers building relations with Africa's resource rich nations.
As of 2008, the entire GDP of Africa is about $1.2 trillion.<span>[2]</span>
