Answer:
$2960 yearly savings
Explanation:
From the values given and from mathematical manipulation, he or she needs a contribution of at least $2900 every year in order to achieve his goal of $50,000.
EXPLANATION
- If the child is 5yr old now, in 13years time, she will be 18yr old.
- for the next 13years, it would have amount to $38350
- remember the bank will give an annual interest rate of 2%
- so for 13years, that's 26% = 0.26
- In the 13th year, he would have saved $38350, add the 26% interest for the duration of 13years = 26% x $38350 + $38350 = $48321
- His savings will fall between $2950 - $2960 yearly.
The family of the boy will most likely sue the Gregors for not putting a fence around the pool in their backyard due to which their child has been injured.
<h3>What is a fence?</h3>
A fence is a structure built outside an area to cover it so that no one can escape or enter that area. It is a kind of a railing or a barrier usually made up of wood, wire, or steel bars.
If the Gregor family has put the fence around the pool in their backyard, then a ten-year-old boy can't able to enter the pool area which ultimately results in no injury to the boy. But the Gregor family has denied putting the fence which makes the ten-year-old injured when he jumps into the pool area.
Therefore, the injured boy's family will sue the Gregor family for not putting a fence around the pool area.
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Answer:
c. can be implemented quickly, but most of its impact on aggregate demand occurs months after policy is implemented.
Explanation:
A monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.
Generally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).
Typically, a monetary policy can be implemented quickly by the central bank of a particular country, but most of its impact on aggregate demand occurs months after policy is implemented.
The profit will Bluetooth speaker sales bring this firm when it sells at the profit-maximizing level of output is $975
Profit-maximizing level
In economics, profit maximizing level of output means where its marginal cost (MC) just equals the product price and where marginal cost is increasing; that is, the MC curve is sloping upward.
Given
A firm that produces Bluetooth speakers collected the following data to determine their possible profits.
Here we need to find the profit will Bluetooth speaker sales bring this firm when it sells at the profit-maximizing level of output.
In order to find the profit-maximizing level of output for the Bluetooth, we have to subtract the maximum price by the minimum price.
For example let us consider $1000 be the maximum price of the Bluetooth and $25 is minimum price of the Bluetooth,
Then the profit-maximizing level of output is calculated as,
=> 1000 - 25
=> 975.
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