Answer: 9.04%
Explanation:
1 year rate today = 5% = 0.05
2 years rate today = 7% = 0.07
Maturity of longer bond = 2
The ending return if the 2 years bond are bought will be thesame as the needed return on series of a year bond which will be 1.1449
The market's forecast for 1-year rates 1 year from now will be calculated as:
= 1.05(1+X) = 1.1449
1.05 + 1.05X = 1.1449
1.05X = 1.1449 - 1.05
1.05X = 0.0949
X = 0.0949/1.05
X = 0.090381
X = 9.04%
Answer:
total expenditures equal total production.
Explanation:
In the case when the economy is in the short-run equilibrium that means the total expenditures should be equivalent to the total production. In other words, we can say that the expenditure that can be incurred should be equal to the production
Hence, the last option is correct
Answer:
The primary reason for trade is for the economic development of a country.
Explanation:
Trade makes a significant and necessary contribution to the economy and the country's development particularly in underdeveloped countries. The rapid progress of underdeveloped countries in the Industrial field is due to their exports. In most countries, such would represent a significant share of their gross domestic product (GDP).
B) boycott
I remember learning about it in the 5th grade
Answer:
The cash flows from operating activities for 2018 is $99,000.
Explanation:
Westfall Industries
Statement of cash flows (extract)
Net income $81,000
Add Loss on the sale of land 4,000
Depreciation expense 8,000
Decrease in current asset 2,000
Increase in current liabilities 4,000
Cash flows from operating activities $99,000
- Decrease in current assets was arrived at by comparing the closing balance of $48,000 to the opening balance of $50,000.
- Increase in current liabilities was arrived at by comparing the closing balance of $40,000 to the opening balance of $36,000.
