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:
Third biggest.
Explanation:
North America is the third largest continent. Asia is the biggest, then Africa.
Answer: A region in southwest Asia and North Africa.
Explanation:
The mentioned area consists of fertile subregions of Mesopotamia and the Levant. The mentioned area was crucial for developing many ancient civilizations since the rivers Euphrates, Tigris, Jordan, and Nile flow through the area. It was in the valleys of the mentioned rivers that some of the greatest civilizations in history developed. The name of the region was given by the American archaeologist Henry Breasted because the entire area resembles a crescent and is very fertile.
