Answer:
the rate of inflation is 2%.
Step-by-step explanation:
given:
Nominal interest rate =3%
Real interest rate=1%
To Find:
Rate of inflation=?
Solution:
Nominal interest rate:
Nominal interest rate refers to the interest rate before taking inflation into account.
Inflation rate:
The inflation rate is the percent increase or decrease in prices during a specified period. It's usually over a month or a year.
Real interest rate:
A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.
Real interest rate ≈ nominal interest rate − inflation rate.
This can be re written as
inflation rate= Real interest rate - nominal interest rate
Substituting the values,
inflation interest = 1+3
inflation interest=4%
i hope this helpsss<3
:)
if u didnt undersstand make sure to tell me so i can try to say it again
ill do ur hw for cashapp
insta
kk_iwi
txt and ill give u the deatails
It's simply 4,2,0,-2..... the pattern is just subtracting two as you go on.
Answer:
Step-by-step explanation:
Im not full sure what the answer is but I do know that A statistical question is one that can be answered by collecting data and where there will be variability in that data. This is different from a question that anticipates a deterministic answer. For example, "How many minutes do 6th grade students typically spend on homework each week?" is a statistical question.
I think that a one of the answers may be number 3 but im not 100%