The Federal Reserve System<span> often referred to as the </span>Federal Reserve<span> or simply the </span>Fed<span> is the central </span>bank<span> of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial </span>system<span>.</span>
Answer:
The correct answer is B
Explanation:
Inferior goods are those goods or kind of goods whose demand declines or decrease when the income of the person or customer increases or rises. In other words, it means that the inferior goods demand is inversely associate to the customer or consumer income.
So, in this case, the income rises by 8% and the quantity demanded for the ice cream declines or falls by 18%, then the vanilla ice cream would considered as the inferior good.
Some sort of translation error? Most slang language is unable to be translated
Answer:
$1,045.05
Explanation:
If a Note is issues below the face value, it is issued on discount. This discount is recorded and amortized on Note's period to maturity. This amortized Discount will be added to the the coupon payment to calculate the interest expense for the year.
Discount on Note = $360,000 - $340,497 = $19,503
Amortized Discount = $19,503 / 3 = $6,501
Interest Expense = Coupon Payment + Amortized Discount = ($360,000 x 4%) + $6,501 = $20,901 per year = $1,045.05 per six month
