Answer:
the future value of the cash flow in year 4 is $5,632.73
Explanation:
The computation of the future value of the cash flow in year 4 is as follows:
= $1,075 × (1.08^3) + $1,210 × (1.08^2) + $1,340 × (1.08^1) + $1,420 ×(1.08^0)
= $1,354.19 + $1,411.34 + $1,447.20 + $1,420
= $5,632.73
Hence, the future value of the cash flow in year 4 is $5,632.73
The same is to be considered and relevant
Answer:
Explanation:
The solution to the above problem is shown in the attached picture below. It is because of the arrangement i had ti use pen and book. Thank you
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Your question: The Federal Reserve _____ the money supply to lower inflation.
Your answer: The Federal Reserve decreases the money supply to lower inflation.
Hope this helps~
Answer:
Neoclassic economists believe that both wages and prices are sticky (hard to change) only int he short run. In the long run, both prices and wages will adjust to new economic conditions.
In this particular case, neoclassic economists will predict that even though wages are starting to rise, in the long run the equilibrium wage will be higher.
Long run and short run are economic concepts that do not refer to a given time period, e.g. long term in accounting means more than 1 year, but long run in economics may take years to come.
Long run refers to the amount of time it takes for an economic variable to adjust to economic changes.
If Canada's increase in labor costs is paired with an increase in productivity (usually new technologies), then the economy should be able to grow since private consumption and investment will increase due to higher wages.
Explanation:
Answer:
For Bagels = 1.33
For Donuts = -1.33
Explanation:
Using the midpoint method, Alex's percentage change in income is given by the difference in income divided by the average income:
Alex's percentage change in demand for both bagels and donuts is given by the difference in the quantity consumed divided by the average consumption:
Alex's income elasticity of demand for bagels and donuts, respectively, is:
His income elasticity of demand for bagels is 1.33, while for Donuts it is -1.33.
