The real return is the difference between the nominal and actual rate of inflation. Therefore, the real return revived by Luigi will be 6%.
<u>Given</u><u> </u><u>the</u><u> </u><u>Parameters</u><u> </u><u>:</u>
- <em>Nominal rate = 7% </em>
- <em>Actual rate of inflation = 1%</em>
<em>Real return = Nominal rate - Actual rate of return </em>
Real Return = 7% - 1% = 6%
Therefore, the real return on Luigi's money would be 6%
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Pain in the fingers, wrists, or other parts of the body: may include a dull aching pain, a sharp stabbing pain, or even a burning sensation
Imitative polyphony often printed religious in nature.
Answer:
Answer: D
GDP per capita is a measure of a country's economic output that accounts for its number of people.
The unemployment rate is defined as the percentage of unemployed workers in the total labor force.
The infant mortality rate is the number of deaths under one year of age.
Given the above information, a country with a higher GDP would have a more stable economy aiding in growth. A lower unemployment rate would show a surplus of jobs indicating, once again, a steady and growing economy. Lastly, a lower infant mortality rate would show access to advanced medicine and a highly trained medical field. All three of these examples are indicators of a highly developed country.
Explanation:
