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
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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