Answer:
$1,456,975.19
Explanation:
FV = P (1 + r / m)^nm
FV = Future value
P = Present value
R = interest rate
N = number of years
M = number of compounding per year
$12,000 ( 1 + 0.12/365)^14600 = $1,456,975.19
I hope my answer helps you
Answer:
Purchasing government securities to lower the interest rate
Explanation:
Lowering interest rates is used to stimulate the economy. It is also easier to lower interest rates when in inflation is low.
Answer:
Option B is correct.
<u>some firms will enter in the long run causing market supply to increase and market price to rise, increasing profit for all firms.</u>
Explanation:
When firms in perfectly competitive Market incurs a loss then some firms will exit the market, leaving less number of firms and thus supply decreases which also increase the prices and increases the profit of the remaining firms
Answer:
Since microbrewery beer is considered a normal good, opposing forces are currently determining its price.
The price of fermenting vats, which are a key input in the supply of microbrewery beer, have increased. This increase in a key input will shift the supply curve to the left making microbrewery beer more expensive at any demand level, reducing the supply of the product.
A decrease in consumer income will decrease the demand and will shift the demand curve to the left, which should decrease the price of the product.
Since the leftward shift of the supply curve is greater than the leftward shift of the demand curve, the price new equilibrium price will increase.
