Assume that last year you purchased a real asset, say a piece of land, for $150,000. You paid $30,000 down and borrowed the balance. The rate of inflation between last year and this year was 4%. If the value of this asset increased at exactly the rate of inflation, and you sold it this year (365 days later), the nominal rate of return on your $30,000 investment was: % (ignore the time value of money).

At a young age, ebony's coaches were confident she had the potential to be a world-class swimmer with a future coaching career. after four years on an athletic scholarship and olympic experience under her belt, she chose a different path. with her savings and personal connections, she rented a corner building in a bustling san francisco neighborhood and pursued her dream: a surf shop business. ebony's dream was rooted in which basic right of free-market capitalism?

1. gar principles or "the principles"are intended to do what?

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.