lakenrenee2282 lakenrenee2282
  • 24-03-2019
  • Business
contestada

In​ 1975, interest rates were 7.85 % and the rate of inflation was 12.3 % in the united states. what was the real interest rate in​ 1975?

Respuesta :

MsTeel
MsTeel MsTeel
  • 24-03-2019

-4.45%

Real interest rate is the nominal interest rate minus the rate of inflation:

7.85-12.3 = -4.45%

Answer Link

Otras preguntas

I have 54 oranges. I give 28 away and saved 5 for my family. How many oranges do I have? Show working for your answer.
Which layout manager constructor call would be best-suited to create a telephone handset GUI which has three rows of three keys each with labels, 1,2,3,4,5,6,7,
Which of these sentences uses a reciprocal pronoun? Ida congratulated herself for finishing her research paper. One of the vending machines is broken. Who told
Clevon forms a triangle with three straws measuring 20, 25, and 18 inches. To the nearest whole degree, find the measure of the angle enclosed by the 20- and 25
geometric mean of 8 and 5
(a) Show that every member of the family of functions y = (6 ln(x) + C)/x , x > 0, is a solution of the differential equation x2y' + xy = 6. (Simplify as muc
Based on these figures, which country likely has the BEST medical care? A) Qatar B) Belize C) Iceland D) Djibouti
You are the marketing director of a company that imports toys from Europe. You've been very successful in marketing products for children aged 6 to 12, but now
What was the date that the prisoners stopped receiving bread & soup?
is all of this correct? I'm learning french at home and I would like to know if I got theese notes correct. merci! ​