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:
d. All of these
Explanation:
A timeline can be defined as a graphical representation of a series of important events in order in which they have occurred i.e in a chronological or sequential order. Thus, a timeline shows the order of events from top to bottom or left to right, starting with the earliest and moving forward to the most recent (latest).
Generally, a timeline is typically considered to be a cause and effect graphic organizer due to the fact that it illustrates events in a chronological or sequential order, their place in history, and how these events are interrelated or led to another.
This ultimately implies that, timelines show;
a. The order of events.
b. An event’s place in history.
c. Why an event may have taken place.
<em>For example, a timeline can be used to show the order in which the various battles fought during the American Revolutionary War occurred. </em>
I think so I never took one in 8th grade tho
Oh wow that long I’ll get back to you if I have an answer when I finish reading