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%
Learn more : brainly.com/question/18801159
Because of the difference between the discipline imposed by market competition and the discipline imposed by political decisions, there is bound to be A. difficulty managing public investment so it's done in a cost-effective way.
<h3>What is a competitive market?</h3>
This is s a structure in which no single consumer or producer has the power to influence the market
The characteristics of a competitive market are:
- Homogeneity of product.
- No existence of buyers or sellers.
- Access to information.
- No charge fr yranascation cost.
- No barries to entry or exit.
Hence, because of the difference imposed by the market and political decisions, the government borrowing cannot be reduced neither will there be an increase in the tax budget nor will the government budget hide the rate of private investment.
Read more about<em> the market competition</em> here:
brainly.com/question/24781573
#SPJ1
The character trait that defines the boy in Casabianca is: <u>his loyalty.</u>
Casabianca is the name of the young boy who is one of the major character sin "Casabianca".
In Casabianca, the boy, out of loyalty and having a strong sense of duty, had to put up bravery to remain at his post on a French ship that caught fire during the attack of the British.
In spite of the obvious dangers, he remained at his post while waiting for orders from the captain (his dad).
Therefore, the character trait that defines the boy in Casabianca is: <u>his loyalty.</u>
Learn more here:
brainly.com/question/11992416
