In: Economics
3)
An animal farmer has 100 cows and each year there are 10 new born
calfs...
3)
An animal farmer has 100 cows and each year there are 10 new born
calfs (buzagı). That is, his business's real growth is 10%. The
(nominal) interest rate is 15% while there is 10% inflation. What
must happen in the FM so that the farmer decides to sell all cows
and supply the revenue (funds) to the financial system. (explain
briefly 5-6 sentence)
please answer by yourself not copy paste