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3 years ago

Select all the items that describe a free market economy.

2 answers:

4 0

The items that describe a free market economy are :
- Freedom for consumers and producers
- Distribution by price
- Motivated by self-interest

Hope this helps

sp2606 [1]3 years ago

4 0

Answer:

freedom for consumers and producers

competition between businesses

distribution by price

motivated by self-interest

Explanation:

Select all the items that describe a free market economy.

In a free market system ,there is an interaction between the forces of demand and supply. It is a market where prices are determined by private owners not rules and regulations by the government.

Items involved in a free market system are the following

a.freedom for consumers and producers

b. competition between businesses : The competition is free and fair for all

c .distribution by price : Distribution is by commodity prices

d. motivated by self-interest: Free markets is usually motivated by the interest to supply goods and services to meet the needs of the society and in turn, when there is a demand for goods and services, then buyers will show up.

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Answer:

Explanation:

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Opinion is better-suited for relationship-motivated leadership

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2 years ago

Suppose the Federal Reserve sets the reserve requirement at 12 percent, banks hold no excess reserves, and no additional currenc

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Answer:

See below.

Explanation:

For a)

The money multiplier or the credit multiplier can be calculated as follows,

Money multiplier = 1 / reserve ratio

Multiplier = 1 / 0.12 = 8.33 times

For b)

For a negative $80 million change by the Fed there will be a total change in the economy of 80 * 8.33 = $666.4 million.

A -80 million change will contract money supply by $666.4 million in the economy.

For c)

This can be calculated by dividing the target by the money multiplier.

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Hope that helps.

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3 years ago

Andrea and Phillip have been married for two years when they walk into the local State Farm agent's office. They see a banner (w

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Answer:

$343

Explanation:

Andrea and Phillip's annual premium cost can be calculated using the cost per thousand formula:

cost per thousand = annual premium / thousands of coverage

cost per thousand = $0.98
thousands of coverage = $350,000 / $1,000 = 350

$0.98 = annual premium / 350

annual premium = $0.98 x 350 = $343

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2 years ago

A government bond with a coupon rate of 7% makes semiannual coupon payments on January 15 and July 15 of each year. The Wall Str

WINSTONCH [101]

Answer:

invoice price (dirty price) = $1,004.13

Explanation:

semi-annual coupon = $1,000 x 7% x 1/2 = $35

clean price = $1,001.25

accrued interest = (Jan. 30 - Jan. 15) x $35 x 1/182 = $2.88

invoice price (dirty price) = clean price + accrued interest = $1,001.25 + $2.88 = $1,004.13

the dirty price or invoice price of a bond includes any accrued interest that the bond may have earned in the period between the last coupon payment and the transaction date.

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2 years ago

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2 years ago