Answer:
D
Explanation: zero, and the supply curve is vertical.
Answer:
time weighted rate of return: 5.36%
Explanation:
We have to calculate the holding rate of return for each month and then mutiply them together:
<u>January:</u>
(119.90 - 116.26)/116.26 = 0.031309135
<u>February:</u>
(123.58-119.9)/119.9 = 0.030692244
<u>March:</u>
(0.41 + 122.08-123.58)/123.58 = - 0.0088194
(1 + Jan) (1 + Feb) (1 + March) = 1.053587547
now we subtract one to get the wanted rate:
time weighted rate of return: 5.36%
Answer:
$20,000
Explanation:
Based on the information given about Amble Inc the amount that Amble should record the truck received should be $20,000 because the book value is the amount of $12,000.
Secondly since we were told that the exchange has commercial substance which means that the amount of $20,000 which is the fair value of the truck which the buyer is willing to buy from the seller should be the amount that Amble should record the truck received .
Therefore Amble should record the truck received at the amount of $20,000
Answer:
affect nominal but not real variables. This view that money is ultimately neutral is consistent with classical theory.
Explanation:
This idea is held by classical economists (not by most economists) since they believe in the quantitative theory of money:
MV = PQ
- M = quantity of money
- V = velocity of money
- P = price level
- Q = quantity of goods
Classical theory was abandoned 90 years ago (according to classical theory, recessions were not possible and couldn't exist, but then the Great Depression came and the impossible became true). Neo-classical or monetarists appeared in the 1960s, and lately, neo-neo-classical appeared with George W. Bush. The problem with the quantitative theory is that it needs the following things to be true in order to hold, and empirical evidence over the last 90 years showed that none of them are true:
- the velocity of money has to be constant (AND IT IS NOT CONSTANT)
- real output is independent on money supply (NOT TRUE)
- causation goes from money to prices (MODERN ECONOMISTS BELIEVE IT IS THE OTHER WAY)
Answer:
2. A given bond is subordinated to other classes of debt.
Explanation:A bond Indenture is a legally approved contract between a bond holder(the buyer of the bond) and a bond issuer(the original owner of the bond,who sold it to the bond holder).
Subordinated bond is also known as junior Securities or subordinated debt are bonds that are lower in rank compared to other bonds,a subordinated bond holder is only paid when other senior bond have been completely paid out.
