Nico invested an amount a year ago and calculated his return on investment. He found that his purchasing power had increased by 15 percent as a result of his investment. If inflation during the year was 4 percent, then Nico's ________
A) real return on investment is more than 15 percent
B) nominal return on investment is more than 15 percent
C) nominal return on investment is less than 11 percent
D) real return on investment is equal to 4 percent
B
Business
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FDI in the form of ________________: Increases the level of competition in a market Drives down prices Improves the welfare of consumers
Fill in the blank(s) with the appropriate word(s).
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Exchange rate risk is the risk that exchange rates will be lower in the future than they are today
Indicate whether the statement is true or false
Business