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Suppose an economy has historically grown at a rate of 1.25%. economic activity decreased every quarter over the past year, but the decline stopped this quarter. the economy is expected to grow at a rate of 1.4% in the near future, but monetary authorities are concerned that inflation may increase. this economy is probably in the _____ stage of the business cycle.
It would be hardest to pass a tax increase on A. automatic car washes, because car washes are relatively more elastic than other products mentioned, so consumers would like this change the least.
Answer:
for the first loan the origonal loan of $180,000 goes up to $453,166
and the second one is $462,446
The marginal cost of the second candy bar is:$0.61.
<h3>Marginal cost</h3>
Using this formula
Marginal cost=Selling price for two-Selling price for one
Where:
Selling price for one=$0.89
Selling price for two=$1.50
Let plug in the formula
Marginal cost=$1.50-$0.89
Marginal cost=$0.61
Inconclusion the marginal cost of the second candy bar is:$0.61.
Learn more about marginal cost here:brainly.com/question/16615264
Answer:
d. sold bonds to decrease banks reserves.
Explanation:
The Fed uses contractionary Open market operations to contain runaway inflation. The Fed sells bonds and securities to the banks to reduce the amount of money available for credit in the economy. The bank will use funds that should be loaned out to purchase government bonds, thereby denying individuals and firms a chance to borrow from the banks.
If the Fed wants to reduce the money supply in the economy, it issues out bonds and security at attractive interest rates. The banks will opt to invest with the government, which is risk-free rather than loan out to households and firms. By selling bonds and securities, the Fed mops out all the excess money in the economy.
