I think it’s D sorry if I’m wrong
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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Answer:
Read the excerpt from “Letter from Birmingham Jail.” In our own nation, the Boston Tea Party represented a massive act of civil disobedience. Why does King use this allusion? to establish historical precedent for his actions to commemorate a beloved American leader to appeal to his critics’ sense of moral justice to forge a connection with modern political figures
The long-run aggregate supply curve will shift to the right if a given economy experiences technological advancements.
<h3>What is the aggregate supply curve?</h3>
The aggregate supply curve is a graphical representation that makes reference to all processes that add value to the productive chain.
The aggregate supply curve is mainly influenced by technological inputs that increase productivity.
In conclusion, the long-run aggregate supply curve will shift to the right if a given economy experiences technological advancements.
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