The Republic of Northern Lights, a small stable country in the North Atlantic, is experiencing a negative
Question:
The Republic of Northern Lights, a small stable country in the North Atlantic, is experiencing a negative inflation (deflation) at this time. The annual inflation rate is -4%. If the nominal rate of interest is 6%, what is the real interest rate that the Northern Lightians are getting as a reward for waiting?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Approximate Real Rate 6 4 10 Tru...View the full answer
Answered By
Gabriela Rosalía Castro
I have worked with very different types of students, from little kids to bussines men and women. I have thaught at universities, schools, but mostly in private sessions for specialized purpuses. Sometimes I tutored kids that needed help with their classes at school, some others were high school or college students that needed to prepare for an exam to study abroud. Currently I'm teaching bussiness English for people in bussiness positions that want to improve their skills, and preparing and ex-student to pass a standarized test to study in the UK.
1+ Reviews
10+ Question Solved
Related Book For 
Question Posted:
