subject
Business, 29.02.2020 03:55 idcbrooo

You agree to lend $1,000 for one year at a nominal interest rate of 10%. You anticipate that inflation will be 4%over that year. If inflation is instead 3% over that year, which of the following is true?A) The real interest rate you earn on your money will be negative. B) The person who borrowed the $1,000 will be worse off as a result of the unanticipated decrease ininflation. C) The real interest rate you earn on your money is lower than you expected. D) The purchasing power of the money that will be repaid to you will be lower than you expected.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:50
True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.
Answers: 2
question
Business, 22.06.2019 13:10
The textbook defines ethics as “the principles of conduct governing an individual or a group,” and specifically as the standards one uses to decide what their conduct should be. to what extent do you believe that what happened at bp (british petrolium) is as much a breakdown in the company’s ethical systems as it is in its safety systems, and how would you defend your conclusion?
Answers: 2
question
Business, 22.06.2019 15:00
Which of the following is least likely to a team solve problems together
Answers: 1
question
Business, 22.06.2019 15:00
(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?
Answers: 2
You know the right answer?
You agree to lend $1,000 for one year at a nominal interest rate of 10%. You anticipate that inflati...
Questions
question
English, 04.09.2020 03:01
Questions on the website: 13722367