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4 years ago

"when the housing bubble collapsed in 2007, rose significantly, and the fed interest rates"

1 answer:

8 0

when the housing bubble collapsed in 2007, unemployment rose significantly, and the fed Increased interest rates.
When the bubble collapsed, a lot of companies lost their assets and forced to let go a lot of their employees while raising the rate of inflation at the same time.
The federal bank' response to such inflation is to raise interest rates and attract people to save up and reduce the money circulation from the market.

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Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate

Vaselesa [24]

Answer:

Check the explanation

Explanation:

Increase in value of dollar has made the foreign steel (a major commodity used in production) cheaper for American producers.

This will reduce the cost of production of American Producers and would increase their profit-margin.

This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.

So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.

Kindly check the attached image below to see the required graph -

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4 years ago

. Factors that influence standard of living Which of the following factors played the biggest role in the slow growth of average

Ahat [919]

Answer:

The correct option is slow growth in productivity

Explanation:

The United States experienced slow growth in average income between the 1970s to 1980s, more than three decades after the second World War. However the gap between the highly paid and the low-paid workers have been steadily on the increase. Of all the reasons behind this, the major stand-out reason was the slow growth in productivity experienced in the United States as a result of the recession at that time.

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3 years ago

On January 1, 2017, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest se

snow_lady [41]

Answer:

1. Par Value = $3,400,000

Semi-annual coupon rate = 9%/2 = 4.5%

Semi annual coupon = Semiannual rate * Par value = 4.50$*$3,400,000

= $153,000

So, the interest that Boston will pay (in cash) to the bondholders every six months is $153,000

2. Date Account Titles and Explanation Debit Credit

Jan 1, 2017 Cash $3,400,000

Bonds payable $3,400,000

(To record the issuance of bonds)

Jun 30, 2017 Interest expenses $153,000

Cash $153,000

(To record the first interest payment)

Dec 31, 2017 Interest expenses $153,000

Cash $153,000

(To record the second interest payment)

3. S/n Account Titles Debit Credit

a Cash (3,400,000*98%) $3,332,000

Discount on Bonds payable $68,000

Bonds payable $3,400,000

b Cash (3,400,000*102%) $3,468,000

Premium on bonds payable $68,000

Bonds payable $3,400,000

7 0

3 years ago

What do you call a bear with out ears.

Ann [662]

I don't know can you tell

6 0

3 years ago

A company has budgeted direct materials purchases of $250000 in July and $420000 in August. Past experience indicates that the c

san4es73 [151]

Answer:

The budgeted cash disbursements for August are $532,000

Explanation:

Amount of cash the company pays for purchases in August:

30% x Materials purchases in July + 70% x Materials purchases in August = 30% x $250,000 + 70% x $420,000 = $369,000

The budgeted cash disbursements for August = Cash paid for purchasing materials + Wages Expense + Purchase of office equipment + Selling and Administrative Expenses = $369,000 + $60,000 + $64,000 + $39,000 = $532,000

Noted: Depreciation is a non-cash accounting expense, so it doesn't involve cash flow

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3 years ago

"when the housing bubble collapsed in 2007, ____ rose significantly, and the fed ____ interest rates"

"when the housing bubble collapsed in 2007, rose significantly, and the fed interest rates"