In Economic theory, we learn that generally, the more older people there are, there is an increase in the demand of healthcare. As a result, the increase in demand for healthcare may increase prices and cause a higher demand for doctors and nurses.
Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguous.
With a decrease in input prices, the producers will be willing to produce more items, but we are unsure if consumers will be able to buy more because they drop in income; therefore, we don't know what the price will do.
Answer:
Long-term fixed-rate plan-$220,320.00
Short-term variable-rate plan-$224,280.00
The long-term fixed-rate plan is less costly as it has a lower interest expense
Explanation:
Total interest under the first plan=principal amount*interest rate*3 years
principal amount is $720,000
interest rate is 10.20%
total interest expense=$720,000*10.20%*3=$220,320.00
Interest expense under second plan=($720,000*8.50%)+($720,000*12.90%)+($720,000*9.75%)=$224,280.00
The yield to maturity for the bond issued by Xenon, Inc. is 7.62%.
<h3>What is the yield to maturity for the bond issued by Xenon, Inc.?</h3>
The yield to maturity of a bond is the total return that would be earned if a bond is held to maturity.
The yield to maturity can be determined using a financial calculator:
- Coupon = 7.1% = 0.071 x 2000 = $142
- Number of years = 2042 - 2019 = 23
- Price =0. 94387 x 2000 = 1,887.74
- Full price = 2000
YTM = 7.62%
To learn more about yield to maturity, please check: brainly.com/question/5506528
Answer:
Answer: US had a trade deficit and China had a surplus in its BOP
Explanation:
Inflow to US economy / Outflow of Chinese economy
1. Chinese tourist spent $ 1000
2. Chinese purchased a business $600
3. Puchased goods $300
Total Inflow $1900
US Outflow / China' inflow
US purchases goods $800
Sent aid $100
Investment in stocks $200
US tourist spent $1000
Total Outflow $2100
US had a trade deficit and China had a surplus in its BOP
Chinese government purchase of US bonds' value is not given, the purchase will be treated as credit to US BOP and the income received will be credit to China's BOP.
