Q1. 1. Give an example of an organization or business in your area that performs the "form" function, and explain why you picked this organization/business.
2. Give an example of an organization or business in your area that performs the "time" function, and explain why you picked this organization/business.
3. Give an example of an organization or business in your area that performs the "place" function, and explain why you picked this organization/business.
Q2. Suppose that you bought an asset that pays a 7% nominal interest rate you expect the inflation rate to be 3% and actual inflation is 5%.Calculate the expected real interest rate and the actual real interest rate.