Author Question: Evaluate the Argentinean Convertibility Law of April, 1991. What will be an ideal ... (Read 98 times)

Pineapplelove6 · **on:** Jun 30, 2018

Evaluate the Argentinean Convertibility Law of April, 1991.

What will be an ideal response?

Question 2

If the nominal interest rate is 5.6 percent and the rate of inflation is 7.1 percent in a given year, then what is the corresponding real rate of return?

A) 12 .7 percent
B) 1.5 percent
C) -1.5 percent
D) -12.7 percent

juiceman1987 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

Good idea in the short run, catastrophic idea in the long run. The law was abandoned only in January 2002.

Answer to Question 2

C