Answer:
This is an example for the regulation of the government having a negative impact on trade.
The celling policy if people trade below that value is uneffective and useless but, if the agent of the market trade above the celling in some transactiosn (this book may be a best.seller or a book which is hard to find in the given moment) the regulation prohibits and no trade is done. No trade implies neither consumper or producer surplus. While the government state the celling acts in well-being and good for the consumer in this case it is proved wrongly. The consumer would pay between 59 and 64 having a surplus and the produced above 59 will also enjoy a surplus from trade.
Explanation:
Answer:
$6,278
Explanation:
The discount of issuance of bond will be amortized until period of maturity while Total interest expense on a discounted bond is the addition of amortization of the discount amount and coupon payment.
Therefore;
Coupon payment = $73,000 × 8%
= $5,840
Discount on the bond = $73,000 - $70,810
= $2,190
Discount amortized per year = $2,190/5
= $438
Total interest expense = Coupon payment + Amortization of discount
= $5,840 + $438
= $6,278
The 95% confidence interval will be wider than the 90% confidence interval.
In statistics, the likelihood that a population parameter will fall between a set of values for a certain percentage of the time is referred to as a confidence interval. Analysts frequently employ confidence ranges that include 95% or 99% of anticipated observations. Therefore, it may be concluded that there is a 95% likelihood that the real value falls within that range if a point estimate of 10.00 with a 95% confidence interval of 9.50 - 10.50 is derived using a statistical model.
- The level of certainty or uncertainty in a sampling process is measured by confidence intervals.
- Additionally, they are employed in regression analysis and hypothesis testing.
- To determine statistical significance, statisticians frequently combine confidence intervals with p-values.
- 95% or 99% confidence levels are most frequently used in their construction.
Learn more about Confidence interval, here
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Answer and Explanation:
As per the data given in the question,
The central bank have various tools to apply expansionary policy and these tools are :
- Reserve ratio.
- Discount rate.
- Open market operations.
The open market operations include the buying and selling of government owned securities by central bank to impact the monetary base in the economy. In case of any recession, the central bank should purchase government securities to enhance the money supply. Because whenever they do any kind of open market purchase there would definitely be increase in money in the economy. That's why increment in money supply decrease the interest rate in economy.
Nominal interest rate is the cost of borrowing so if there is decrement in interest rate, there would be consumption and investment activities. these both are the component of aggregate demand so the aggregate demand will increase, and this increment in aggregate demand helps the economy to recover in the situation of recession.
Answer:
The supply of oats came down drastically, with some major participants exiting the market.
Explanation:
The price of oats actually increased because, due to the research that says oats contain gluten that can cause a disease in the elderly and therefore not good for consumption, the supply of oats decreased thereby resulting to the scarcity of oats in the market.
When supply decreases, price increases.
