Zimbabwe central bank hikes interest rate to 50 percent In an attempt to lower inflation, the Reserve
Question:
Zimbabwe central bank hikes interest rate to 50 percent In an attempt to lower inflation, the Reserve Bank of Zimbabwe has raised its interest rate to 50 percent a year. Steve H. Hanke, an economics professor at Johns Hopkins University estimates Zimbabwe's inflation rate is 570 percent per year.
Calculate the real interest rate in Zimbabwe.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
The real interest rate equals t...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Zimbabwe central bank hikes interest rate to 50 percent In an attempt to lower inflation, the Reserve Bank of Zimbabwe has raised its interest rate to 50 percent a year. Steve H. Hanke, an economics...
-
A medical researcher at Johns Hopkins University obtains a numbered list of all patients waiting for a heart transplant, then uses a computer to select the patients corresponding to the 50 numbers...
-
For several years, a professor at Johns Hopkins University had been using the following grading scheme for his final exam: He would give an A to the student with the highest score. The grades of the...
-
This section contains 6 questions. Questions 83 to 88 have four statements (A, B C and D) given in Column I and four statements (p, q, r and s) in Column II. Any given statement in Column I can have...
-
Calculate Cohens d^ for the data in Exercise 14.15.
-
Frank Meram attended a presentation by Robert MacDonald, who was promoting his new book, Cheat to Win. MacDonald was a multimillionaire who had started as an insurance agent and built his company,...
-
Jalila owns and manages a small business (E Connections) that sells electronic connectors and network components. The following industries purchase products from E Connections: mechanical and plant...
-
Canned fruits and vegetables are the main products made by Good Foods, Inc. All direct materials are added at the beginning of the Mixing Department's process. When the ingredients have been mixed,...
-
22 22 The atomic number of an element T is 10. T shows similar properties to an element with atomic number 23. 24. A. 14 B. 16 C. 18 d. 20 The electron configurations of elements W, X, Y and Z are...
-
Use the following list of events, which occur in the United States one at a time, to work Problems. Dell introduces a new supercomputer that everyone can afford. A major hurricane hits Florida. ...
-
A news report says that falling oil prices pushed the CPI down 0.1 percent in a month in which energy prices fell 2.4 percent and the price of gasoline fell by 3.9 percent. By what percentage did the...
-
The notion that the United States is the land of opportunity where who your parents are and how much they earn is unrelated to your income is (relative to other industrial powers) a. Clearly shown in...
-
Jennifer, who has a mass of 9 6 kg , has jumped from a plane and is falling through the air at her terminal velocity, a speed of 5 0 m / s . The temperature of the air is 1 5 C . Recall that the...
-
Water contained in a piston-cylinder assembly undergoes a process from state 1 with an initial pressure of 15 bar and temperature of 240C and cooled as it is compressed to state 2 at a constant...
-
6. Suppose someone takes out a home improvement loan for $30,000. The annual interest on the loan is 6% compounded monthly. The monthly payment is $600. Let a, denote the amount owed at the end of...
-
a) If the air pressure at sea level is 100.725 kPa and the density of air is 1.25 kg/m3, calculate the thickness of the atmosphere (m) above the earth b) What gauge pressure is experienced by a diver...
-
Is Big Spaceship, as currently organized truly ready to "go big?" Why or why not? If you were Michael Lebowitz, what would you do to ensure that Big Spaceship could grow in a sustainable way and at...
-
Caldwell was shopping in a K-Mart store, carrying a large purse. A security guard observed her look at various small items such as stain, hinges, and antenna wire. On occasion she bent down out of...
-
Discuss whether responsible human resources management should apply different standards for the home company and suppliers, for developed countries and developing countries, and for large companies...
-
The supply of luxury boats is perfectly elastic, the demand for luxury boats is unit elastic, and with no tax on luxury boats, the price is $1 million and 240 luxury boats a week are bought. Now...
-
The supply of luxury boats is perfectly elastic, the demand for luxury boats is unit elastic, and with no tax on luxury boats, the price is $1 million and 240 luxury boats a week are bought. Now...
-
Concerned about the political fallout from rising gas prices, the government cuts the tax on gasoline. Explain the effect of this tax cut on the price of gasoline and the quantity bought if, at the...
-
QUESTION 0.Casework objectives Outline the casework objectives and explain how you access and apply specialist practice knowledge in the workplace and provide supervision to the caseworkers around...
-
A 30-year maturity bond making annual coupon payments with a coupon rate of 6.2% has duration of 11.03 years and convexity of 178.02. The bond currently sells at a yield to maturity of 10%. a. Find...
-
Net Present Value 1 PAR VALUE N= COUPON RATE Bond Emission Date: Buy on: Opportunity Rate What is the new NPV? $ 100,000,000 2 years 15% N.A. Semi-annual Aug-23-14 Apr-23-15 13% EA
Study smarter with the SolutionInn App