Answer:
The Fed cannot control the amount of money that households choose to hold as currency
Explanation:
As the money supply derives from the the coin and currency amount and the velocity which, is the speed at which the currency is exchanged. When consumers do not want the currency they spend it immediately Thus, they increase the money supply.
The FED can decrease the amount of currnecy in the economy to off-set this when notice but, it is done afterwards
The FED do have hook on the banks therefore it can control the other variable mentioned.
The ending balance will be $9.50
Option b
<u>Explanation:</u>
Given:
Principal amount = $100
Annual interest rate = 6%
Compounding is semi-annual
To find: The ending balance
Balance after 6 months = 100+0.06*100/2 = $103
Hence, balance remaining after withdrawal of $100 = $3
Remaining periods =
Balance after 20 years = Future Value (0.06/2,39,0, -3) = $9.50
Answer:
The correct answer is letter "D": All of the above are true.
Explanation:
The Price-to-Earnings (P/E) ratio represents the relationship between a company's stock share price related to its earnings per share (EPS). The P/E ratio can give investors an idea if a company's share price is undervalued or overvalued. Besides, P/E ratios of companies with similar businesses can be compared to measure firms' performances.