Answer:
If decrease in demand for loanable funds was less than decrease in supply then interest rate will increase.
Explanation:
In the case when there is an increase in the uncertainity so the impact should be that it reduced the demand for the loanable fund and that should be less than the reduction in the supply due to this there should be the rise in the rate of the interest. Also we cant estimated the rate of interest whether it is increased or not but as per the theory of supply and demand if supply decreased more than the demand so the rate of interest should increased
Available options are:
A. The sale would be proper only upon requisite approval by the appropriate number of directors and at no more than Shephard's cost, thus precluding his profiting from the sale to the corporation.
B. The sale would be void under the self-dealing rule.
C. The sale would be proper and Shephard would not have to account to the corporation for his profit if the sale was approved by a disinterested majority of the directors.
D. The sale would not be proper, if sold for the present fair value of the property, without the approval of all of the directors in these circumstances.
Answer:
C. The sale would be proper and Shephard would not have to account to the corporation for his profit if the sale was approved by a disinterested majority of the directors.
Explanation:
The reason is that the transaction is arms length transaction and in this transaction the payer pays the amount that he must pay for an equivalent item which we call an fair value payment. The receiver here is a director though but he is receiving an legitimate price and this price is fair value of the property so he is not required to mention his profit share because the company is paying him fair value of the property.
The smaller the reserve requirement, the larger the decrease will be in required reserves.
<h3>What is the reserve requirement?</h3>
The reserve requirement is the percentage of consumer's deposits that are kept as reserves with the Central Bank. The reserve requirement is determined by the reserve ratio.
When the Fed sells treasury bonds, money supply decreases. This is known as a contractionary monetary policy.
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The differences in average income are $6,080, $6169, $18,219, and $19,151.
The table below organizes income from the one with the lowest education level to the highest one. Moreover, there is a general trend in which income increases with education.
Now, to find the difference in average income based on education it is necessary to subtract the income of a lower level to the income of the next educational level.
Less than Highschool vs. High school graduate:
- $31,956 - $25,876 = $6,080
High school graduate vs. some college or Associate's degree:
Some college or Associate's degree vs. Bachelor's degree:
- $56,344 - $38,125 = $18,219
Bachelor's degree vs Profession or Doctorate degree:
- $75,495 - $56,344 = $19,151
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