If your nominal rate of return is 14.38 percent and your real rate of return is 4.97 percent, what is the inflation rate?

A. 8.47 percent
B. 8.96percent
C. 9.44percent
D. 19.35percent
E. 19.92 percent

Answer: B. 8.96percent

Business

You might also like to view...

In dealing with a negative situation, if company leaders try to convince the public the firm is not responsible and the predicament could not have been foreseen, the company is using excuses as a form of impression management

Indicate whether the statement is true or false

Business

Which of the following statements is true of Islam?

A. Islam has roots in Confucianism. B. Islamic ethics support worldly gain and temporal power. C. Islam forbids the consumption of pork and alcohol. D. Islam makes a clear distinction between church and state. E. Unlike Christianity and Judaism, Islam is not a monotheistic religion.

Business