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exis [7]
3 years ago
15

A nominal interest rate is defined as "the opportunity cost of holding or using money." explain what you understand this definit

ion to mean.
Business
1 answer:
Salsk061 [2.6K]3 years ago
8 0
<span>A nominal interest rate means very low interest rates therefore we can use money for long duration by paying very low interest rate. We can hold this money for land duration. We also invest this money in other investment plan that gives better returns. This nominal interest rate is very helpful for running any business.</span>
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West Corp. issued 20-year bonds two years ago at a coupon rate of 8.6 percent. The bonds make semiannual payments. If these bond
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23.6

Explanation:

it become right answer

3 0
3 years ago
Suppose the economy is initially at potential output and the quantity of aggregate output supplied increases. What information w
ankoles [38]

Answer:

We need to know if the price level is changing or not.

Explanation:

If the economy is at the potential output and the quantity of aggregate output supplied increases, we need to know if this increase is because of an increase in the price level.

If the aggregate price level is increasing then there will be a movement on the SRAS curve. If the increase in quantity supplied is because of a rightward shift in the LRAS curve, the price level will remain the same.  

Also, if the quantity supplied goes back to its original level, in the long run, it implies that the increase in output was because of a short run movement.

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3 years ago
What are the three duties of a central bank?
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Conducting monetary policy

Supervising and regulating depository institutions

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6 0
3 years ago
Which law signed by president george w. bush, allowed for more economic freedom amongst different kinds of businesses on the 401
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Economic Growth and Tax Relief Act law signed by President George w. bush, allowed for more economic freedom amongst different kinds of businesses on the 401(k)

A standard definition of economics might describe it as a social science focused on the satisfaction of needs and desires through the allocation of scarce resources with alternative uses. Economics can be said to be the study of scarcity and choice.

In its simplest and most concise definition, economics is the study of how societies use their limited resources. Economics is the social science of producing, distributing, and consuming goods and services.

Example: When the corn crop increases, the farmer reduces the price of the crop so that the product can be sold. When supply exceeds demand, meaning too much corn is needed to feed the people of the country, the produce is forced to waste and farmers lose production costs.

Learn more about economics here

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6 0
2 years ago
Cumulative preferred stock carries the right to be paid both current and all prior periods' unpaid dividends before any dividend
alexgriva [62]

Answer: True

Explanation: Cumulative preferred shares of a company carries some special rights as per law. The holders of such stock must be paid any current or prior period accrued dividends before any payment of dividend to common shareholders. The dividends of such shareholders is fixed in nature.

Also in the event of liquidation they will be preferred before any common stock holders.

Thus, the given statement is true.

3 0
3 years ago
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