Answer:
The Erie Canal
Explanation:
When it opened it dramatically decreased the cost of shipping while reducing the time to travel to the West.
Answer and Explanation:
As per the data given in the question,
The central bank have various tools to apply expansionary policy and these tools are :
- Reserve ratio.
- Discount rate.
- Open market operations.
The open market operations include the buying and selling of government owned securities by central bank to impact the monetary base in the economy. In case of any recession, the central bank should purchase government securities to enhance the money supply. Because whenever they do any kind of open market purchase there would definitely be increase in money in the economy. That's why increment in money supply decrease the interest rate in economy.
Nominal interest rate is the cost of borrowing so if there is decrement in interest rate, there would be consumption and investment activities. these both are the component of aggregate demand so the aggregate demand will increase, and this increment in aggregate demand helps the economy to recover in the situation of recession.
In The Lord Of The Flies, Jack basically convinces himself that he killed the beast and not simon, and in an example of mob mentality Piggy, Ralph, Sam and Eric all just go along with it even though they feel guilty and seem to acknowledge that they did know it was simon they were killing.
Answer:
i=4.84%
Explanation:
the key to answer this question, is to remember the model of return for a perpeuity dividend calculation:
where value is the current stock price, i is the dividend yield and k is the growth rate, so applying to this particular case we have
k=3.4/91
k=3.74%
and solving i for the previous formula:
Answer:
The right answer is a.
Explanation:
In order to calculate Daniel's basis in his partnership interest, first we have to calculate daniel share of the partnership liabilities.
According to the details, Daniel acquires a 30% interest in the PPZ Partnership from Paolo, and The PPZ Partnership has borrowed $14,000 of recourse liabilities as of the date Daniel bought the interest, hence
daniel share of the partnership liabilities = 14,000 * 30% = $4,200
Hence, Daniel's basis in his partnership interest= 43,000 + 4,200 = $47,200
