Answer:
a.raises; lowers; raises
Explanation:
An expansionary monetary policy is usually undertaken by the Central bank to increase money supply.
When money supply is increased, output increases and real GDP rises.
The rise in money supply which causes output to increase would lead to an increase in demand for Labour. This would reduce unemployment.
Because of rise of money supply, the supply of money in the economy would rise and the price level would rise.
I hope my answer helps you.
Answer: $246,400
Explanation:
Qualified residence indebtedness refers to the mortgage that's taken to purchase or improve on one's main home.
Based on the information given above, the on the $246,400 of the first and second mortgage is treated as qualified residence indebtedness.
Answer:
58,333.33
Explanation:
Opportunity cost is the value of the next best alternative. It is the forgone benefits as a result of choosing one option over the others. Opportunity cost occurs due to the scarcity of resources that forces people to make choices. The value of the sacrificed option is the opportunity cost.
If the cost of constructing a new home is 120,000, the opportunity cost of one house equals the next best alternative of spending the 120,000. With a budget of 7 billion, the opportunity cost of spending 7 billion will be 7 billion divided by 120,000.
=7,000,000,000/120,000
=58,333.33
Answer:
Her mother's trust
Explanation:Since opportunity cost is summarily defined as the value of something that must be put on the line in order to acquire or achieve something else, the opportunity cost for maria choosing to go to the concert is her mother's trust. In other words, she gave up her mother's trust to attend the concert.
Answer: $47,065.06
Explanation:
When interest is compounded continuously, the formula is:
Future value = Principal * <em>e</em>^(rate * time period)
= 2,000 * <em>e⁰.³² ˣ ¹⁰</em>
= $49,065.06
Amount of interest earned:
= $49,065.06 - 2,000
= $47,065.06
