Answer:
the correct option is a. 6.31%
Explanation:
The computation of the yield to maturity is shown below:
Given that
Present Value = $1,108.15
NPER = 14
Future Value = $1,000
PMT = $1,000 × 7.5%
Now the formula is shown below:
= RATE(NPER;PMT;-PV;FV;TYPE)
= 6.31%
hence, the yield to maturity is 6.31%
Hence, the correct option is a. 6.31%
All other options are wrong
Answer:
c. $155,000
Explanation:
The computation of the ending balance of salaries payable is shown below:
= Beginning balance of salaries payable + salary expense - payment made during the year
= $75,000 + $80,000 + $0
= $155,000
By applying the above formula, we can determined the ending balance of salaries payable and the same is to be considered
hence, the correct option is c.
Answer:
TRUE
Explanation:
If Bob owns a piece of land that the Green Stream flows through. An industrial polluter dirties the Green Stream and Bob attempts to sue the polluter and get an injunction to stop the practice, Then it is true that this is an example of how property rights can affect individual incentives.
Property rights refer to the ability of individuals to legally own resources, rent them and /or sell them on to other individuals.
In the scenario Bob owns the piece of Land and reserves the right to sue any party who engages in activities that will reduce the value of his property.
Answer:
low interest rates cause people to hoard money, making output and employment stagnate.
Explanation:
The Liquidity trap is a keynesian Microeconomics situation wherein interest rate offered are very low and saving rates are comparatively high. This induces consumers to save money in cash and not invest their money in bonds and other investment options. This trap not only affects investment in economy but also other areas because of low investment by people , business will start producing low and hiring will also be lowered.
One of the solution to avoid liquidity trap is to increase interest rate so that people are motivated to invest.