Answer:
If nominal interest rate equals 5 percent and expected inflation is 3 percent, then the new nominal and real interest rates are respectively 5% and 2%.
Explanation:
The nominal interest rate is called the interest rate that is set by the bank and that will be added to the initial capital gradually according to the percentage established in the initially determined time. Thus, in the case, an annual interest of 5% is given, with which a deposit of $ 100 will rise to $ 105 after one year.
Now, the nominal interest rate may not represent real money growth. This is so because, due to inflation, a depreciation of the invested value occurs. Thus, for example, a deposit with an interest rate of 5% per year in a currency with inflation of 10% per year is losing 5% of its value during that year. In the case, since inflation is 3%, the real interest rate (that is, the real growth of investment) is 2%.
I'm not writing your essay... but many children and teens are affected by what they see on TV and there is no exception when it comes to their favorite sports player.
The Milky Way is smaller than most but not the smallest
Answer:
Well I'm not sure of the answer but I think since there are multiple species which are in the biosphere, the system that in that relationship would be a representative of the biosphere.
Explanation:
And for part E do you mean the chronosphere or cryosphere?
