When the price elasticity coefficient is equal to infinity, the product exhibits perfectly elastic demand.
What is the price elasticity of demand?A measure of a product's change in consumption in response to a change in price is called price elasticity of demand. How responsive the amount wanted is to the price is determined by a good's price elasticity of demand (PED). Almost all items see a decline in demand when prices rise, but certain goods are more affected than others. The price elasticity gives the percentage change in the quantity needed when a price rises by 1% and all other variables stay the same. A 1% rise in price causes a 2% decrease in the amount sought if the elasticity is 2. Other elasticities are used to determine how much the quantity needed changes in relation to other factors.
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How have key historical and ongoing
financial practices led to modern racial
inequities in the United States?
One of the most important historical and ongoing financial practices that have led to modern racial inequities in the United States is redlining. Redlining is the practice of denying financial services, such as mortgages and insurance, to certain neighborhoods based on the racial and ethnic makeup of the area. This practice was first implemented in the 1930s and continued until the 1970s. This practice has had long-lasting effects on the economic prospects of African-Americans and other minority groups. Redlining has led to the creation of racially concentrated areas of poverty and has denied minority groups access to wealth-building opportunities such as homeownership.
Redlining has also contributed to the wealth gap between white and minority households. A study by the Institute on Assets and Social Policy found that the median white family’s wealth is 11 times greater than that of the median black family. This disparity is largely due to the fact that redlining and other discriminatory practices have prevented many minority families from accessing the same wealth-building opportunities that white families have. This has resulted in a large disparity in the amount of wealth that white and minority families have been able to accumulate over time.
Redlining and other financial practices have also contributed to the racial disparities in student loan debt. Studies have found that black and Hispanic borrowers have higher loan default rates than white borrowers, even when controlling for income. This is due to the fact that black and Hispanic borrowers are more likely to have higher interest rates and to have difficulty accessing the same types of loan opportunities as white borrowers. This has resulted in a large racial disparity in the amount of debt that black and Hispanic borrowers must take on in order to pursue higher education.
These historical and ongoing financial practices have had long-lasting effects on the economic prospects of minority groups in the United States. Redlining, the wealth gap, and disparities in student loan debt are all examples of how financial practices have contributed to the racial inequities that exist today.
In one week, Jill works at
Starbucks for 15 hours and is
paid $12 per hour. She earns
another $20 in tips. Jill also
works at a basketball referee at
the Kroc Center for 10 hours as
a pay rate of $11 per hour.
Jill's dad is a car mechanic and
Jill earns a 10% commission on
the first service for any new
customer she sends to her
dad's shop. Her dad did a
$1,000 brake job for a new
customer Jill sent to him.
What is Jill's gross income for
this week?
Answer:
$410
Explanation:
In one week, Jill works at Starbucks for 15 hours and is paid $12 per hour. She earns another $20 in tips. Jill also works at a basketball referee at
the Kroc Center for 10 hours as a pay rate of $11 per hour. Jill's dad is a car mechanic and Jill earns a 10% commission on the first service for any new customer she sends to her dad's shop. Her dad did a $1,000 brake job for a new customer Jill sent to him. What is Jill's gross income for this week?
starbucks: (15 * 12) + 20 = $200
krock center: 10 * 11 = $110
commission: 1,000 * 0.10 = $100
200 + 110 + 100 = $410
Allesandra would like to work in a school environment, and she knows that she would prefer a career in which she spends lots of work time walking around rather than sitting in an office. a. Elementary school teacher b. Administrative support worker c. Instructional designer d. High school principal
Answer:
a. Elementary school teacher
Explanation:
An elementary school teacher refers to an individual who is an educational professional and is typically saddled with the responsibility of developing and implementing lesson plans for students in the classroom.
Basically, an elementary school teacher educate students on vital subjects such as mathematics, english language, verbal studies, quantitative reasoning etc. which forms the foundation of a student's future career, observe, analyze and evaluate the performance of each pupil, coordinate all classroom activities, enforce school and classroom rules etc. All of the aforementioned responsibilities are executed or achieved by walking around the classroom to effectively and efficiently monitor and evaluate the pupils.
In this scenario, Allesandra would like to work in a school environment, and she knows that she would prefer a career in which she spends lots of work time walking around rather than sitting in an office.
Hence, the education career which would be the best option for Allesandra, is to work as an Elementary school teacher.
Answer:
a
Explanation:
my school teacher
(Cosmetology)
Select the correct answer.
Ethical violations can result in the loss of a license or certification.
A.
True
B.
False
Answer:
true
Explanation:
sheila loves her weekly manicures, but lately she has been so busy with work and other life obligations that she barely has time to fit them in! what type of manicure might be helpful for sheila and what does it involve ?
Answer:PAINT HER NAILS ON HER OWN
Explanation:she can just paint her nails on her own!
A women sells a bead bracelet she made. She sold it to her sister.
Answer:
Is that the question????
Explanation:
If your asking a question a can you put the whole question.
Something that's sold has been exchanged for money. When new neighbors buy the house across the street, you'll see a sign appear in its front yard that says "Sold."
What is the meaning of Money?Money is a good that is widely acknowledged as a means of economic exchange. It serves as the medium for expressing values and pricing. It is the primary indicator of wealth since it moves from individual to individual and from country to country, allowing trade.
Any tangible object or verifiable record that's also commonly accepted as payment for products and services as well as the repayment of debts, including such taxes, in a specific nation or socioeconomic setting is referred to as money.
Money is a centralized, widely used, acknowledged form of exchange that makes it easier to exchange goods and services. In an economy, money serves as a medium of trade for a variety of products and services. Governments and nations have different monetary systems.
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How soon after entering a company’s office space does a visitor typically develop a judgment about the company?
minutes
seconds
hours
days
Why are employment and age certificates typically required?.
Answer:
They protect employers from hiring someone that is too young.They indicate the minor has the proper training to work.They guarantee the minor will be hired.
Explanation:
hope this helps
What
is defined as a capital asset?
An item that you own for investments or personal purposes
Suppose that Defenestration decides to pay a dividend of only $2 per share this year and use the remaining $2 per share to repurchase stock. If Defenestration maintains this dividend and total payout rate, then the rate at which Defenestration's dividends and earnings per share are expected to grow is closest to what?
Answer:
Missing word "Defenestration Industries plans to pay a $4.00 dividend this year and you expect that the firm's earnings are on track to grow at 5% per year for the foreseeable future. Defenestration's equity cost of capital is 13%."
P0 = dividend payout per share/ (k-g)
Where g is firms earning growth = 5% or 0.05
And k is the cost of capital = 13% or 0.13
Therefore P0 = $4 / (0.13 -0.05) = $50
But if the payout is $2 per share and $2 per share is used to repurchase stock then to get the price of the stock in one year given the current price of $50.00, dividend at $2 and the 13% cost of capital we get
$50 = $2 + X / (1.13)
Therefore x = $54.5
At a current price of $50, we can expect that Defenestration Industries stock to sell for $54.50 immediately after the firm pays the dividend in one year
Therefore the growth is (54.5 -50)/50 = 9%
Which of the following sets of goods are most likely to be complementary goods? a. shoes and pizza b. automobiles and computers c. baseballs and baseball gloves
Answer: C. baseballs d baseball gloves
Hope that helps c:
ж I NEED HELP!
Read the whole question Before answering!
Q. Imagine you are a fashion designer. Research on how to start your own fashion clothing brand.
Write down the process you need to follow to start your own fashion clothing brand.
Think about the conditions one has to meet to ensure the quality of the clothes (manufacturing and the cost of clothes).
If possible draw the flow chart to describe the steps, which will be taken by the fashion designer (or you) in making a decision.
I might give Brainliest to the one who answers correctly along with the flow chart.
The process you need to to start a fashion clothing brand.
Fist step is to recognized the fashion need in the market. Create your business plan. Know your specific audience. Start drawing and then designing the clothlook for a good clothing makerChoose and Make a brand name, logo, etc.Set a target price and start marketing/distribution process..What is Clothing Brand?This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.
Note that by flowing the steps above, one can make a great fashion brand in the long run.
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Which type of business does not hold owners accountable for the debts of
the business?
OA. Sole proprietorship
OB. LLC
OC. Partnership
A
OD. Private company
Answer:
Limited Liability Company (LLC)
Explanation:
A limited Liability Company (LLC) is a business structure in the United States that protects its owners from the personal responsibility for its repayment of debts and liabilities. It is a hybrid entity that has the characteristics of a corporation, partnership and sole proprietorship. The regulation of LLC's varies from one state to another. An entity or individual can be a member of an LLC with notable exceptions from banks and insurance companies. The primary reason for registering a business under LLC is to limit the personal liability of the owners as well as the partners. LLC may have some attractive features but they also possess some great disadvantages as well. Depending upon the state law, an LLC may be dissolved upon the death or bankruptcy of a member.
what are some good reasons to become a illustrator
Answer:
able to create anything on a daily basis, sketch, and you can also get really big rewards from it
liquidity ratios can be obtained from information on the balance sheet, while activity ratios require information obtained from the question 46 options: balance sheet only. income statement and balance sheet. income statement only. income statement, balance sheet, and statement of cash flows. none of these
None of these liquidity ratios can be calculated without balance sheet data, however activity ratios need information.
A crucial group of financial indicators known as liquidity ratios is used to assess a debtor's capacity to settle current debt commitments without the need for outside funding.
The measurement of indicators such as the operating cash flow ratio, rapid ratio, and capital adequacy allows us to calculate liquidity ratios, which assess a company's capacity to satisfy debt obligations as well as its margin of safety.
A crucial group of financial indicators known as liquidity ratios is used to assess a debtor's capacity to settle current debt commitments without the need for outside funding.
The days' sales outstanding, the fast ratio, and the current ratio.
The ability of a corporation to meet short-term obligations is assessed using liquidity ratios.
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Which of the following products is native to North America? a. Soybeansb. WheatC. Sunflowersd. Peanuts
The correct option is d.peanuts.
In detail, peanuts are native to North America. Peanuts, also known as groundnuts, are a legume crop that belongs to the Fabaceae family. This crop was first cultivated in South America, specifically in Peru, where it is believed to have originated.
Peanuts are now grown around the world, with China and India being the two largest producers, followed by Nigeria, Indonesia, Sudan, and the United States.Therefore, among the given options, option d. Peanuts is native to North America.
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Select the correct answer.
Which of the following is a good resource to help you find a job opening?
A.
Employment offices
B.
Online sources
C.
Family, friends, and other contacts
D.
All of the above
Answer:
D All of the above
Explanation:
A project has an initial cost of $40,000, expected net cash inflows of $8,000 per year for 11 years, and a cost of capital of 10%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent.
Answer:
the net present value is $11,961
Explanation:
The computation of the project NPV is as follows;
The net present value is
= Present value of cash inflows - initial investment
= $8,000 × PVIFA factor for 11 years at 10% - $40,000
= $8,000 × 6.4951 - $40,000
= $51,961 - $40,000
= $11,961
Hence, the net present value is $11,961
The same is to be considered
Explain five steps in product design for a business
Explanation:
Five phases guide the new product development process for small businesses: idea generation, screening, concept development, product development and, finally, commercialization.
Which of the following is not an advantage of establishing an enterprise risk management system within an organization? a. Reduces operational surprises. b. Provides integrated responses to multiple risks. c. Eliminates all risks. d. Identifies opportunities.
The option that is not an advantage of establishing an enterprise risk management system within an organization is (c) Eliminates all risks.
Establishing an enterprise risk management system within an organization can provide many benefits, such as reducing operational surprises, providing integrated responses to multiple risks, and identifying opportunities. However, it is impossible to eliminate all risks, as every business activity involves some level of risk. The goal of enterprise risk management is to identify, assess, and manage risks, not to eliminate them completely.
Option c is answer.
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Four ways businesses use technology for marketing
Technology has revolutionized the way businesses conduct their marketing activities. Here are four ways businesses use technology for marketing:
1. Social Media Marketing: Social media platforms such as Face/book, Tw/itter, Inst/agram and Lin/kedIn have become essential for businesses when it comes to reaching a larger target audience. These platforms allow businesses to engage with customers and build brand recognition.
2. Email Marketing: Email is still one of the most effective ways to reach customers. By using email marketing software, businesses can design and send personalized emails to a large group of customers at once.
3. Content Marketing: Businesses use various forms of content such as blog posts, videos, infographics and e-books to attract and educate customers. By providing valuable information, businesses can establish themselves as experts in their industry and build trust with their audience.
4. Search Engine Optimization (SEO): SEO is the process of optimizing your website to rank higher in search engine results pages (SERPs). By using techniques such as keyword research, link building and on-page optimization, businesses can improve their website's visibility and attract more organic traffic.
Overall, technology has made marketing more accessible and cost-effective for businesses of all sizes. By leveraging these four strategies, businesses can build a strong online presence and grow their customer base.
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The ________ function allows for multiple criteria in multiple ranges to be evaluated and counted.
The COUNTIF function enables the evaluation and counting of many criteria across various ranges. Use the COUNTIF function if you want to use numerous criteria at one time. The COUNTIF function has the following syntax: =COUNTIF (range, criteria).
The range specifies which cells must be counted, and the criterion control specifies which cell values must be counted and which must not. Using Excel's COUNTIF function to count using the AND condition is quite simple. For counting cells with two or more criteria, use the COUNTIFS function.
For purposes of partial matching, the COUNTIF function's criteria can also incorporate a variety of logical operators and wildcards. Excel's COUNTIF function does not allow the use of arrays and always requires a range of cells.
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What is the purpose of the Subtotal feature?
Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow:
Osaka Division Yokohama Division
Sales $10,900,000 $39,000,000
Net operating income $763,000 $3,510,000
Average operating assets $2,725,000 $19,500,000
Required:
1. For each division, compute the return on investment (ROI) in terms of margin and turnover.
2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 16%. Compute the residual income for each division.
3. Is Yokohama s greater amount of residual income an indication that it is better managed?
To compute the return on investment (ROI) for each division, we'll calculate the margin and turnover ratios. The formulas are as follows:
ROI = Margin × Turnover
1.Calculating ROI for each division:
a) Osaka Division:
Margin = Net operating income / Sales = $763,000 / $10,900,000 ≈ 0.07
Turnover = Sales / Average operating assets = $10,900,000 / $2,725,000 ≈ 4
ROI (Osaka) = 0.07 × 4 = 0.28 or 28%
b) Yokohama Division:
Margin = Net operating income / Sales = $3,510,000 / $39,000,000 ≈ 0.09
Turnover = Sales / Average operating assets = $39,000,000 / $19,500,000 ≈ 2
ROI (Yokohama) = 0.09 × 2 = 0.18 or 18%
2.Calculating residual income for each division:
Residual Income = Net operating income - (Average operating assets × Required rate of return)
Given that the minimum required rate of return for any division is 16%, we can calculate the residual income for each division.
a) Osaka Division:
Residual Income (Osaka) = $763,000 - ($2,725,000 × 0.16) = $763,000 - $436,000 = $327,000
b) Yokohama Division:
Residual Income (Yokohama) = $3,510,000 - ($19,500,000 × 0.16) = $3,510,000 - $3,120,000 = $390,000
3.The greater amount of residual income in the Yokohama Division does not necessarily indicate that it is better managed.
Investment refers to the act of allocating funds or resources with the expectation of generating future income or capital appreciation. It involves committing money or other assets to various financial instruments, projects, or ventures with the aim of earning a return on the investment over a certain period. Investments can take many forms, including stocks, bonds, real estate, mutual funds, commodities, or business ownership.
The primary goals of investing are to preserve and grow wealth, generate income, and achieve long-term financial objectives. Investments are subject to varying degrees of risk, and investors must carefully evaluate potential risks and rewards before making investment decisions. Diversification, research, and a long-term perspective are commonly employed strategies to maximize investment returns while managing risk.
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What is the difference between productive and service oriented professions Explain with examples
Answer:
Explanation:
Product vs Service Business
While it may seem to go against traditional thinking, in some ways there is very little difference between product based and service based companies. In actuality, both sell a product. The distinction between the two is that the product business sells a physical, tangible product, while the service business owner sells his skills as the primary product. In the service-based business, customers purchase the skills of a service provider or owner, such as a plumber or lawyer, This type of business has a strong emphasis on the client relationship and makes the customer's user experience very important. Product-based businesses, on the other hand, deliver physical products that are reasonably consistent in quality for each customer, making the customer experience fairly predictable.
Local or Global Consumer Markets
In general, when consumers are looking for new solutions they try to distinguish the different services/products of business and industry in the locality where they reside. As such, businesses need to target their product and service based businesses to the appropriate markets. Consumers located anywhere in the global market can purchase a product via the internet as long as they can have their purchase delivered locally and cost effectively. However, most service businesses can only provide services to customers within their local target market. For example, while a computer store can ship computers all over the world, a hairstylist will only attract clients within a reasonable driving distance from her home or business. As a result, businesses need to consider how their customer base will influence their marketing efforts.
pl. make it as brainliest if it's helpful to you...!!
Which of the following is a normative statement? Select one: a. The elimination of trade restrictions would increase an economy's standard of living. b. Gasoline prices ought to be lower than they are now. c. In response to the most recent recession, the federal government extended the duration of unemployment benefits. d. A decrease in the minimum wage would decrease unemployment. 16) Which of the following statements is true? Select one: a. Economists use one standard set of assumptions to answer all economic questions. b. Historical episodes are not valuable to economists. c. While the scientific method is applicable to studying natural sciences, it is not applicable to studying a nation' s cconomy. d. The scientific method can be applied to the study of economics.
Gasoline prices ought to be lower than they are now is a Normative statement. So, the correct option is B. The actual statement is d. The scientific method can be applied to the study of economics.
A normative statement expresses a value judgment or opinion about what should or should be. It involves subjective opinions and cannot be tested or proven true or false based solely on economic analysis. In this case, statement b. "Gasoline prices ought to be lower than they are now" is a normative statement. It reflects a subjective opinion about the ideal or desired level of gasoline prices. It is not a statement that can be objectively proven or disproven using economic analysis alone. The word implies a value judgment that lower gasoline prices would be preferable. However, different individuals or groups may have different opinions on the "correct" or "ideal" level of gasoline prices based on their perspectives and interests. Economics is a social science that seeks to understand how individuals, businesses, and societies choose and allocate resources. The scientific method, which involves systematic observation, formulation of hypotheses, data collection, analysis, and conclusion, applies to the study of economics. Economists use the scientific method to study economic phenomena, test theories, and make predictions about economic behavior. They gather data, develop models and ideas, and test them using empirical evidence. Through this process, economists seek explanations and insights into various economic phenomena, such as market behavior, consumer choices, production processes, and policy outcomes. While the economic analysis may involve complexities and uncertainties due to economic systems' dynamic and interdependent nature, the scientific method provides a framework for systematic and rigorous economic inquiry. It allows economists to generate knowledge, refine theories, and contribute to understanding economic behavior and its implications.
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Correct verbal communication during an interview includes _____.
a.
a pleasant tone of voice
b.
positive vocabulary
c.
correct grammar and word choices
d.
all of the above
Answer: All of the above
Explanation: During an interview, it is important to take into account a series of elements such as: having a pleasant tone of voice, a positive vocabulary, and a good command of grammar. The characteristics mentioned above allow communication to take place in an adequate way, allowing the interviewee to understand what is being asked of him and respond appropriately.
Answer:
all of the above
Explanation:
managing short-term assets and liabilities is sometimes called
By keeping track of and maximising the use of current assets and liabilities, working capital management aims to make better use of a company's resources. Maintaining enough cash flow to cover short-term operating expenses, short-term debt obligations, and maximise profitability are the objectives.
The process of controlling the use of assets and cash flows to lessen the firm's risk of loss from failing to pay a liability on time is known as asset/liability management. Assets and liabilities that are properly managed boost a company's earnings. On the other hand, non-current assets are long-term assets that are difficult to quickly turn into cash.
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Help!!!!!! i need help Quick
1. What is the savings in a bank referred to as? (1 point)
A. A pile of money under your mattress
B. A real estate property
C. A luxury car
D. An interest bearing savings account
2. Which option is an investment with compound interest?(1 point)
A. a rental property
B. a checking account
C. a mutual fund following the S&P 500
D. a savings account
3. Which of these is considered a financial market?(1 point)
A. Sotheby’s auction
B. New York Stock Exchange
C. J.P. Morgan Chase
D. Ferrari dealership
4. Which of the following is not a characteristic of a typical bank savings account?(1 point)
A. no restrictions on money withdrawals or deposits
B. savings are easily accessible for the customer
C. a high interest rate
D. an average of 0.05% interest with no other restrictions
5. Which of the following are considered to be capital gains?(1 point)
A. the new value of a stock after the market closes
B. the profit earned on the sale of an asset which has increased while it was owned
C. the money lost when a stock is sold for less than it was purchased for
D. the interest earned from a government bond
6. Which of these is a mutual fund? (1 point)
A. a fund that pools money from many investors to buy securities
B. a fund used to pay shared bills and expenses
a fund used by the government to gather taxed money
a fund that you share with your family to save in the bank
7. Which is a source of passive income?(1 point)
A. teaching about personal finance
B. owning dividend stocks
C. owning luxury cars
D. working as a consultant
8. Which is an employer-sponsored retirement plan?(1 point)
Responses
A. a type of account offered to employees at very little or no cost
B. a Social Security coverage that is offered only to employed citizens
C. a strategy offered by the company that will advise employees on how to invest in order to retire
D. a private bank plan that is recommended by the company
9. Which is an appropriate use of money in an emergency fund?(1 point)
A. buying a brand new car
B. replacing the furnace in July
C. replacing the furnace in January
D. painting the house
10 Which option defines a tax benefit? (1 point)
A. a type of tax form that needs to be completed each year.
B. some type of savings for taxpayers
C. a government loan
D. a government bond affiliated to tax collection
An asset or object acquired with the intention of creating income or recognition is referred to as an investment.
What is Investment ?A purchase of products that are not consumed right away but will be utilized to create wealth down the road is referred to as an investment in an economic outlook.
Investments refer to a portion of revenue that is set aside each year for capital formation rather than being used for consumption.
1. What is the savings in a bank referred to as option D is correct.
2.Option C is correct .
3.Option B is correct .
4. Option C is correct .
5. Option D is correct .
6. Option A is correct .
7.Option B is correct .
8.Option B is correct .
9. Option C is correct .
10. Option B is correct .
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suppose that a borrower and a lender agree on the nominal interest rate to be paid on a loan. then inflation turns out to be lower than they both expected. true or false: the real interest rate on this loan is lower than expected. true false
If inflation turns out to be lower than expected, the real interest rate on the loan will be lower than expected. This is because the real interest rate is calculated as the nominal interest rate minus the inflation rate. Here both statements are true.
If inflation is lower than expected, the inflation rate used in the calculation will be lower than anticipated, resulting in a lower real interest rate. To illustrate this concept, consider a scenario where a borrower and lender agree on a nominal interest rate of 5% for a loan.
They both expect inflation to be 3% over the loan's duration, resulting in a real interest rate of 2%. However, if inflation turns out to be lower than expected, say 2%, then the real interest rate will only be 3% (5% nominal interest rate minus 2% inflation rate). This means that the borrower will end up paying a lower real cost for the loan than they initially anticipated.
Unexpected changes in inflation can affect the real interest rate of a loan, which can have significant implications for both borrowers and lenders. Therefore, it's important to consider the potential impact of inflation on the real interest rate when agreeing on a nominal interest rate for a loan.
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