Answer: Cyclical asymmetry
Explanation:
In economics, Cyclical asymmetry is defined as
A value that represents a large imbalance in economic factors due to genuine cyclical reactions by a country or market.
It includes employment rates, interest rates, debt retention, bond strengths, or stock market imbalances.
If we assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans because economic conditions are bad.
Since this happens due to the cyclical reaction of the government.
This means that,
This situation is a problem of <u>cyclical asymmetry</u>.
Answer:
PV of annuity due = $90,182.8 (Approx.)
Explanation:
Given:
Payment per year = $12,000
Number of year = 10
Interest rate = 7% = 0.07
Find:
PV of annuity due
Computation:
PV of annuity due = P + P[{1-(1+r)⁻⁽ⁿ⁻¹)/r]
PV of annuity due = 12,000 + 12,000[{1-(1+0.07)⁻⁽¹⁰⁻¹)/0.07]
PV of annuity due = $90,182.8 (Approx.)
Answer:
preferential trade agreement
Explanation:
This agreement is known as a preferential trade agreement. It is called this because it tends to make it easier for specific goods to be traded but only to the countries that are part of the group and/or agreement. This agreement also makes it harder for countries that are not part of the agreement to be able to trade with the countries that are in order to maintain the countries within the agreement trading with each other.
Answer:
A revenue statement is not a basic financial statement.