Answer:
A) since the U.S. has a fractional-reserve banking system, the amount of money in the economy depends in part on the behavior of depositors and bankers.
Explanation:
Since US banks operate under a fractional reserve banking system, they have the capacity to create money through the money multiplier, e.g. you deposit $1,000 in bank A, then bank A borrows $850 to Steven and he purchases a new bike from Sarah. Then Sarah deposits the money in bank B, and bank B borrows $722 to George who buys a laptop from Henry. Henry then deposits the money in bank C, and bank C borrows $614 to Susan, and this goes on and on.
The problem that the Fed faces is that in order for the fractional reserve system to work, households must hold their money in banks. Ans that is something that the government cannot control, specially the amount or portion that is deposited. The other players are banks, that ideally should borrow all the money that they are allowed to.
The answer is D
(using intensive farming practices that removed protective grasses.)
Hope it helps :)
Answer: Birth rates and death rates are high.
Explanation:
In industrialized countries the life expectancy is reasonably high, so it's false to state that the death rate is high.
Also in industrialized countries birth is controlled as against developing countries that don't really put birth control measures.
Answer:
The interest rate for this bond is 8% per annum.
Explanation:
Given that,
a bond that costs $1,000 and pays an $80 interest each year.
To find the rate of interest, we use the following formula is
I=Prt
Here P = principal= $1,000
I=interest= $80
t=time= 1 year
∴80 = 1000×r×1
⇒r = 0.080
⇒r= 8%
The yield for this bond is 8% per annum.
Answer:
Required 1
<u>January 1</u>
Cash $340,000 (debit)
Note Payable $340,000 (credit)
Required 2
$27,200 goes toward interest expense.
Explanation:
<u>Issuance of the Note :</u>
Assets of Cash are increasing, the Liabilities are also increasing.
<u>Payment at December 31 :</u>
The Annual Payment comprises of Capital Repayment and Interest Expense.
Prepare an amortization schedule using the details of the Note highlighted below to separate the Capital Repayment and Interest Expense Component :
PV = $340,000
PMT = - $85,155
N = 5
i = 8%
P/yr = 1
FV = $0
Note Schedule is attached !
