The CPI Was 225 in 2014 and 232

question 114

Multiple Choice

The CPI was 225 in 2014 and 232.2 in 2015.The nominal interest rate during this period was 1.4 per cent.What was the real interest rate during this period?

• A)1.8 per cent
• B)4.6 per cent
• C)-1.8 per cent
• D)-3.2 per cent
• E)3.2 per cent

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Definitions:

Communicate

The act of sharing or exchanging information, thoughts, or messages through speech, writing, or other mediums.

Ethical Decisions

Choices made based on moral principles and values, ensuring fairness, integrity, and respect for all affected parties.

Nonverbal Cues

Body language and other forms of communication without the use of words, such as facial expressions, gestures, and posture.

Empathy

The ability to understand and share the feelings of another person, putting oneself in their shoes.