Related Questions

The nominal interest rate is defined as the amount paid the borrower to the lender for using the borrowed amount for a specific period. Real interest rate calculated based on actual value (inflation-adjusted), is approximately equal to the difference between the nominal rate and expected rate of inflation in the economy. Which of the following assertions is best supported by the above information?
Consider the following statements: 1. The rate of population growth is increasing in the country 2. The death rate is declining faster in the country compared to birth rate 3. The birth rate is declining faster in the country compared to death rate 4. Rural-urban migration is taking place regularly in the country Which one of the following conclusions may be true in the light of the above facts?