Both have the same interest rate which is 3%.
<h3>
What is interest?</h3>
- In finance and economics, interest is the payment of an amount above the repayment of the principal sum by a borrower or deposit-taking financial institution to a lender or depositor at a specific rate by a borrower or depositor.
- It differs from a fee that the borrower may pay to the lender or a third party.
To find the higher interest rate:
Given that,
- Interest rate per month = 0.25%
- Interest rate per quarter = 0.75%
If we calculate the annual interest for monthly and quarterly rates, it will be:
Monthly
- No. of months in a year = 12
- Monthly rate = 0.25%
So,
- Annual Interest = 0.25 × 12
- = 3%
Quarterly
- No. of quarters in a year = 4
- Quarterly rate = 0.75%
So,
- Annual Interest = 0.75 × 4
- = 3%
Therefore, both have the same interest rate which is 3%.
Know more about your interests here:
brainly.com/question/2294792
#SPJ4
Answer:
d. a matter of establishing relationships.
Explanation:
Selling involves creating a relationship with the prospect.
The sales relationship has the short-term value you get from the customer.
There is also the long-term life-time value of the customer to be considered.
Sales based on referrals are the easiest to obtain and give best value.
Good relationships give rise to refrrals.
Answer:
D) Shifts in aggregate demand are often the result of waves of pessimism or optimism among consumers and businesses.
Explanation:
The Federal Reserve (FED) can respond to excessive pessimism among consumers and businesses by expanding the money supply and lowering interest rates. To deal with excessive optimism they can do the opposite, they can shrink the money supply and increase the interest rate.
Answer:
QUESTION 1:
The horizontal axis measures an economy's real GDP- 3
QUESTION 2:
As price level rises, imports become relatively cheaper than domestically produced goods- 1
Explanation:
QUESTION 1
The horizontal axis of the aggregate demand and aggregate supply measures an economy's real GDP. The GDP is the sum of all the final goods and services produced in the economy while the vertical axis of an aggregate supply and aggregate demand diagram measures the price index level.
QUESTION 2
When domestic interest rate is low compared to foreign interest rates, domestic investors invest in foreign countries where return on investments is higher. Increased outflow of currency to foreign countries, causes a decrease in real exchange rate. This decrease, increases net exports. This then, increases aggregate demand. As the price level drops, interest rates fall, investment in foreign countries becomes increased, real exchange rate falls, net exports increases and the aggregate demand then increases.
Answer:
- <u><em>Pakistan's GDP = 13.53 trillions of rupees.</em></u>
Explanation:
<em>GDP</em> is the gross domestic product. It is the value of all the goods and services produced by an economy (a country), in a period, which is normally one year.
The <em>GDP</em> can be calculated with the equation:
GDP = Consumption + Investment + Goverment spending + Net Exports
Where, Net Exports is the value of the exports less the value of the imports.
Thus, the values that you need to sue to calculate the GDP are:
- Consumptiion
- Investment
- Goverment spending
- Exports
- Import
<u>Identify</u> the values that you need to incorporate in your formula. Here is the selection (all the amounts are in trillions of rupees):
- Consumption = individuals consume: 10.40
- Investment = businesses invest = 1.35
- Government spending = goverment purchases = 2.80
- Exports = Pakistan exports = 1.29
- Imports: Pakistan imports: 2.31
Those are all. Other items, i.e. foreigners spend (0.60 trillions of rupees) and individuals save (5.00 trillions of rupees), do not count for the GDP.
<u>Compute</u> (in trillions of rupees):
- GDP = 10.40 + 1.35 + 2.80 + (1.29 - 2.31) = 13.53
<u>Answer</u>: Pakistan's GDP = 13.53 trillions of rupees.
