When there are a shortage of loanable funds and the interest rate rises, the quantity required exceeds the amount supplied, and the interest rate rises.
<h3>What happens if the interest rate in the economy rises?</h3>
Businesses and individuals will cut down on spending as interest rates rise. Earnings will suffer as a result, as will stock values. Consumers and corporations, on the other hand, will boost spending when interest rates have decreased dramatically, leading stock values to climb.
The availability of loanable funds indicates that as the interest rate rises, the amount of savings accessible will rise as well.
As a result, anytime interest rates rise, the economy will see a sudden and unexpected surge in borrowing costs.
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Answer:
The break-even in monthly dollar sales is closest to $215,000
Explanation:
The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:
Break-even point in units = Fixed expense/(Selling price per unit-Variable expense per unit) = $144,050/($230.00 - $75.90) = 935 units
The break-even in monthly dollar sales = 935 x $230.00 = $215,000
Answer:
Silent partner.
Explanation:
<u>Chloe is a </u><u>silent partner</u><u> in this vintage fashion boutique.</u> A silent partner or sleeping partner is that <u>who invest</u> in the business and have still<u> shares in the profits and losses </u>of the business, but who is <u>not involved in day-to-day business transactions</u> and in its management and his/her<u> personal property is not at risk</u> in case the business suffers losses as here Chloe and Tamara invested equally but Chloe is not taking part in the management of the business but still shares the profit and loss occurred but her personal property is not at risk<u> in case of firm's insolvency.</u>
It was called the “ Lewis and Clark Expedition” or “ The Crops Of Discovery”. Hopefully this helped!!
Answer:
It is $329,209.31
Explanation:
Please attached sheet for computation.