The nominal interest rate
A) does not include inflation.
B) includes inflation and the real rate of interest.
C) ignores the Fisher effect.
D) is the rate at which banks lend money to other banks.
Answer: B
Business
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Bicycle store 2Wheels notices that it has a high proportion of low-profit customers, but the store doesn't want to terminate the customer relationship. What can 2Wheels do to make these customers more profitable?
What will be an ideal response?
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The amount of time that an individual has the right to bring a lawsui or breach of contract is known as:
A. Statute of Limitation B. Benefit of the bargain C. Promissory estoppel D. Surety
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