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3 years ago

The debt ceiling is the total amount of money that the U.S. government is authorized to ______ to meet existing commitments.

Business

1 answer:

swat323 years ago

6 0

Answer:

Borrow if you look up the definition you have your answer

Explanation:

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Susan put her savings into a mutual fund that paid a nominal interest rate of 3 percent a year at the beginning of 2005. The CPI

Kay [80]

Answer:

-0.11% a year

Explanation:

Susan's real interest rate is the nominal rate of her investment subtracted by the percentage increase in CPI.

The percentage increase in CPI for 2005 was:

$CPI = \frac{232-225}{225}*100 \% \\CPI= 3.11 \%$

Therefore, Susan's real interest rate (i) was:

$i = 3.00 - 3.11\\i = -0.11 \%$

4 0

3 years ago

You are evaluating a growing perpetuity investment from a large financial services firm. The investment promises an initial paym

vovikov84 [41]

Answer:

PV= $450,909.1

Explanation:

Giving the following information:

Cash flow (Cf)= $24,800

Growth rate (g)= 3.5%

Discount rate (i)= 9%

To calculate the present value, we need to use the following formula:

PV= Cf / (i - g)

PV= 24,800 / (0.09 - 0.035)

PV= 24,800 / 0.055

PV= $450,909.1

6 0

3 years ago

A profit-maximizing firm in a competitive market that is producing on a production curve where the marginal product of labor is

wlad13 [49]

Answer: A. a downward-sloping labor demand curve.

Explanation:

If the marginal product of labor is diminishing then that means that for every extra worker hired, less products are made than the last worker. As a result of this, companies will not want to pay high wages to workers because they would be bringing in less revenue when hired.

This will cause a downward-sloping labor demand curve that shows that as more workers are hired, the company would like to pay less wages because each new worker is only producing less than the last worker.

8 0

3 years ago

At year end, Rebos Company's financial statements showed sales of $820 million, net income of $425 million, total assets of

Dafna11 [192]

Answer:

total sales $820 million

net income $425 million

total assets $750 million

total liabilities $735

1.2 million outstanding common stocks

an offer was made to buy their assets at $742.5 million

company's book value per share:

= (total assets - total liabilities) / total number of outstanding common stocks

= ($750,000,000 - $735,000,000) / 1,200,000 = $12.50 per stock

company's liquidation value per share:

= (total offer - total liabilities) / total number of outstanding common stocks

= ($742,500,000 - $735,000,000) / 1,200,000 = $6.25 per stock

4 0

3 years ago

A lender uses a credit report to _____.

MrRissso [65]

I am pretty sure it's to decide if the applicant is creditworthy. ( Makes most sense. Did research too.) :)

7 0

3 years ago

Read 2 more answers