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4 years ago

Which of the following is not a goal of federal economic policy? full employment growth a high savings rate Keynesian economics

Business

1 answer:

Ivan4 years ago

5 0

Answer:

high savings rate

Explanation:

High savings rate is not a goal of federal economic policy. The goal of federal economic policy is to achieve full employment, economic growth and stable prices.

However 'high savings rate' is achieved when interest rates are increased in order to fight inflation and achieve 'stable prices' because people keep their money in the banks to take advantage of the benefit of earning interest BUT this is not always the case because 'higher interest rates' works against full employment by making it too costly for firms to borrow for investments which will definitely create jobs.

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David is buying a new car for $21,349.00. He plans to make a down payment of $3,000.00. If he's to

marshall27 [118]

Answer: (D) 5.90%

Explanation: David is going to buy a new car at $21,349.

The down payment is $3,000.

Loan amount (Present value) = $21,349 - $3,000

Loan amount (Present Value) = $18,349

Installment amount (pmt) = $352

As the payment is made monthly (12 months in a year),

Number of payments = 5 * 12

Number of payments = 60

Using the rate option in excel,

$=rate(nper,pmt,-pv,fv,type)$

Insert the variables into the option, we get

$=rate(60,352,-18349)$

By inserting the above formula in excel we get,

Rate = 0.47%

Rate of 0.47% is monthly, to get APR

$APR = (1+monthly rate)^12 - 1$

$APR = (1+0.0047)^12 - 1$

$APR = (1.0047)^12 -1$

$APR = 1.0586 - 1$

APR = 0.0586

APR = 5.86% or 5.90%

Therefore the correct option is 5.90%.

8 0

3 years ago

A broker received a very high offer on a piece of property from a buyer. Bill makes a low offer through a "dummy" purchaser, or

Semenov [28]

Answer:

Secret Profit

Explanation:

5 0

4 years ago

S&L Financial buys and sells securities expecting to earn profits on short-term differences in price. On December 27, 2021,

Natalka [10]

Answer:

Net income in year 2021 = $0

Net income in year 2022 = $6,000

Explanation:

Given:

Purchased bonds(2021) = $860,000

Sold bonds (2022) = $866,000

Fair market value = $858,500

Computation:

A. Net income in 2021

The fair market value of the bond is less than the purchase price of the bond, that is why we can say that no profit has been received in the year 2021

Net income = $0

B. Net income in 2022

Net income = Sold bonds - Purchased bonds

Net income = $866,000 - $860,000

Net income = $6,000

4 0

3 years ago

Are savings rate and the long term growth rate positively related?

inna [77]

I had that same question look on my profile

6 0

3 years ago

Cash $280,000 Marketable Securities 131,000 Accounts and Notes Receivable (net) 395,000 Inventories 570,000 Prepaid Expenses 19

sukhopar [10]

Answer:Current Ratio=4.5

Explanation:

Current Ratio = Current Assets / Current Liabilities

Current assets = Cash + Marketable Securities + Accounts and Notes Receivable+ Inventories + Prepaid expenses

= $280,000 +$131,000 + $395,000 + $570,000 + 19,000=$1,395,000

Current liabilities = Accounts and Notes Payable (short-term) + Accrued Liabilities

=$250,000 + $60,000= $310,000

Current ratio = $1,395,000 / $310,000= Current Ratio

3 0

3 years ago