Evaluate the Argentinean Convertibility Law of April, 1991. ...

[Pineapplelove6]

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]

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

[Pineapplelove6]

Wow, this really help

[parker125]

Thanks for the timely response, appreciate it