Assume the current CPI is 241. In 20 years, the CPI is expected to be 358. If you are considering an investment with an expected nominal rate of return of 5%, then what is the expected real rate of return for this investment

The expected real rate of return for this investment is  -0.21 or -21%

Explanation:

= 241, = 358, nominal rate of return = 5% = 0.05

Calculating for inflation rate, we have:

Inflation rate (IR) = * 100% = * 100%

IR = 32.68% ≈ 33% or 0.33

Calculating for inflation rate, we have:

Real rate of return =

RR = =

RR = -0.21 or -21%

The investment loses value over the next 20 years

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

the specific actions take by the fed. what the fed was attempting to do by taking these actions. the result of the actions taken by the fed