About 40 jewls of power in the other direction
Answer:
c. governments that print too much money
Explanation:
In the long run, increase in money supply causes inflation. Since there are more money circulated in the market than the needs for transaction, inflation (an increase in prices) will be rise inevitably.
The government print too much money when they borrow to much or cannot pay their loans. The government finance its policies by tax and borrowing (issuing the government bonds), when the tax is not enough, the will issue bonds. If the due comes and they do not have enough money, they may force the central bank to print more money to pay their loans or buying their own bonds. This causes the rise of money supply resulting in inflation in the long run. Bolivia is an example of this situation.
Answer:
1 and 3 option
Explanation:
Which of the following statements are correct concerning the present value of $1.00 five years from today discounted at 5%? The present value is equal to $1.00 divided by 1.05 to the 5th power and If the discount rate were more than 5%, the present value would be smaller.
To calculate present value:The present value is equal to $1.00 divided by 1.05 to the 5th power, Therefore
Present value= the future value/(1+r)n where n=5, r= 0.005 or 0.006
which will be 1/(1+0.05)5
=0.78
Note:The present value interest factor for a single sum is always equal to or less than 1 and the further in time, the smaller the present value interest factor
Answer:
$440,113.37
Explanation:
Since the engineer is placing $7,000 at the end of every year for the 22 years, therefore the amount which will be saved by him at the end of 22 years shall be determined through the future value of annuity formula which is given as follows:
Amount after 22 years=R[((1+i)^n-1)/i]
In the given question
R=amount saved by engineer per year=$7,000
i=interest rate involved=9%
n=number of payment to be made=22
Amount after 22 years=7,000[((1+9%)^22-1)/9%]
=$440,113.37
Answer:
Commingling non-trust funds with trust funds
Explanation:
Trust funds
This is simply known as money or other valuable items that is received by the broker on behalf of another individual.
Non-trust funds
This are simply real estate commissions, general operating funds, rents and deposits.
Commingling
This is simply the act of combining a client's money with the agent's personal funds and it is illegal. It is the act of putting or depositing rent and security deposit into the trust account. When a Commissioner audits the account and sees either commingling of trust funds, the court may issue an order to restrain the broker from further mishandling of trust funds and from practicing real estate. It is a violation of real estate law if the trust account is commingled and it is considered commingling when the trust funds are first deposited into the general brokerage account and then transferred to the trust account.
If a licensee is found guilty of conversion of trust funds
1. There will be a revoke the license of the licensee.
2. The assets of the licensee may be sold to recover the converted funds.
3. The receiver account may be imposed on the licensee's assets in order to find and recover the converted funds.
