Answer:
$50
Explanation:
The real rate of interest is the nominal interest rate adjusted for inflation.
I.e., real rate = nominal rate - inflation rate
real rate = 8% - 3%
=5%
The real growth of $1000 will be
=5/100 x 1000
=$50
Real growth will be by $50
Frederick works in a local government for a certain city. One his primary responsibilities is to check whether the city’s contracts, bids, and tax reports meet certain specific guidelines. Which government career role does Frederick perform.
Answer: B - City administrator
Explanation: took the plato test