Answer:
The correct answer is letter "A": it would reduce the lags inherent in monetary policy.
Explanation:
Inflation targeting is a monetary policy in which the central bank sets a specific target for medium-term inflation and declares the target for inflation. The idea is that maintaining price stability is the best that monetary policy can do to support the economy in the long run.
Answer:
The current price of the bond is $913.91 as computed below
Explanation:
In order to determine the current bond price,the pv formula in excel comes handy.
The pv formula is stated as below:
=pv(rate,nper,pmt,fv)
rate is the yield to maturity on the bond which is 10.40% in this case
nper is the period to maturity of the bond which is 6 years
pmt is the annual coupon payment payable by the bond which is denoted as coupon rate* face value of the bond i.e 8.40%*$1000=$84
fv is the face value of the bond which repayable at maturity
=-pv(10.40%,6,84,1000)
=$913.91
If the interest rate on a savings account is 0.01 % , the amount of money that you need to keep in 1 year to cover a single $ 9.99 below minimum balance fee is : $ 100,000
0.01 % x $ 100,000 = $ 10
hope this helps
Answer: 1. Persuasive Power
2. Information Power
3. Expert Power.
Explanation:
For the first Scenario where the subordinate works better when they are agreeing with your ideas, the type of power to use is PERSUASIVE Power. Persuasive power is the ability to be able to convince people to do things that can either be good or bad by making them see the logic in your decisions. You can use it here to motivate this employee as he is already used to being persuaded by you and is at his best when that happens.
The second scenario speaks of a power that stems from having a consistent track record that people trust. This is called the EXPERT power. The expert power means that you are very knowledgeable and skilled in your area of expertise which has the effect of people coming to you for guidance which is what is happening in this scenario.
The third scenario speaks to INFORMATION Power which refers to the ability to have and use multiple contacts as well as other information sources to constantly be knowledgeable in a field. People will seek you out for this and that is what they are doing here.
