Answer:
$1,800,000
Explanation:
Value of Tomcat's Asset = $300000 / 0.1
Value of Tomcat's Asset = $3,000,000
Interest amount = $1,000,000 * 6%
Interest amount = $60000
Value of Liability (bond) = $60000/0.05
Value of Liability (bond) = $1,200,000
Value of Tomcat's equity = $3000000 - $1200000
Value of Tomcat's equity = $1,800,000
Answer:
1. Chairman
2. The responsibility of
3. Tenure is more than
4. Federal Open Market Committee (FOMC)
5. Twelve members
6. instructions issued by the FOMC to the Federal Reserve Bank of New York
Explanation:
The Board of Governors of the Federal Reserve is in charge of setting and overseeing monetary policy and is headed by the CHAIRMAN
Monetary policy is supposed to be THE RESPONSIBILITY OF Congress and the president. This goal is aided by the fact that the governors' TENURE IS MORE THAN them to outlast the president who appointed them.
Because Congress initially intended to create a decentralized banking system, there are also smaller branches of the Federal Reserve known as district banks. The presidents of the district banks take turns serving as members of the FEDERAL OPEN MARKET COMMITTEE.
The Federal Open Market Committee (FOMC) is the official policy making body of the Federal Reserve and is made up of TWELVE MEMBERS.
The mechanism for translating FOMC policy into action is INSTRUCTIONS ISSUED BY THE FOMC TO THE FEDERAL RESERVE BANK OF NEW YORK, which outlines the course of monetary policy for the next six weeks.
Answer:
Deflation
Explanation:
A deflation is a fall in general price level.
When there is a deflation, things become cheaper and purchasing power increases.
Deflation is usually caused by a widespread fall in demand
For example, if there is a deflation, the price of the Tesla would fall and it would be relatively cheaper than it was 5 years ago.
<span>Establishments that sell alcoholic beverages packaged to go are called off-premise.
These include convenience stores, gas stations, grocery stores, liquor stores, etc. Here, you can just enter and buy a drink and go somewhere else to drink it, whereas in bars and cafes, you wouldn't be able to do that but rather sit there and finish your drink.
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