Poverty is defined as the scarcity or the lack of a certain amount of material, possession, or money. Poverty is a multifaceted concept, which may include social, economic, and political element.
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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Based on the amount of cheese used for the pizzas, the following are true:
- a. Mai uses 2.5 ounces of cheese per pizza.
- b. Mai will need 37.5 ounces for 15 pizzas.
<h3>Cheese used per Pizza. </h3>
This can be found as:
= Ounces of cheese used / Number of pizzas
= 10 / 4
= 2.5 ounces per pizza.
<h3 /><h3>Cheese needed for 15 pizzas. </h3>
= Number of pizzas x Cheese per pizza
= 15 x 2.5
= 37.5 ounces of cheese.
In conclusion, Mai needs 37.5 ounces of cheese to make 15 pizzas.
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In determining safe speed of a vessel we must consider visibility, traffic density etc.
<h3>What is safe speed?</h3>
The safe speed of a vessel is the maximum speed the vessel can be operated to avoid hazards such as collision, damage of vessel, etc.
<h3>Factors considered when determining safe speed of vessels</h3>
In determining safe speed of a vessel we must consider the following factors such as;
- Weather condition, eg visibility
- Traffic density,
- Background light at night, etc
Thus, in determining safe speed of a vessel we must consider visibility, traffic density etc.
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