Kevyn999 Kevyn999

11-05-2020
Business

contestada

if the rate of inflation is higher than your interest rate on your savings account you are losing buying power

true or false?

Respuesta :

takiriajohnson1400 takiriajohnson1400

11-05-2020

I believe it’s false

when interest rates are low, the economy grows and inflation increases. Conversely, when interest rates are high, the economy slows and inflation decreases.

Answer Link

Otras preguntas

Mary offered to sell Mike several pieces of rare Chinese art at a very good price because they were duplicates in her own collection. Mike could not accept the

Simplify ^4 sqrt 16x^8y^12z^4

The Cold War can best be described as tensions between the United States and Soviet Union (USSR) where other wars substituted for an actual war between these tw

BSU Inc. wants to purchase a new machine for $40,070, excluding $1,200 of installation costs. The old machine was bought five years ago and had an expected econ

What did President Kennedy make citizens of the United States feel about their duty to country? A. it was their right B. it was their privilege C. it was their

Bramble Corp. is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were $6300000 on March 1, $5270000 on J

6x – 5 = 13 – 3х solve

On October 10, a company paid $36,000 to a supplier. Of that amount, $6,000 was for supplies received on October 10 and $30,000 was for supplies that were purch

What factor contributes to cultural and environmental degradation ?

pls I need help urgent like soon