Explanation:
1. An annuity is a number of equivalent payments made. For instance, the annuities include daily savings account deposits, monthly home loan payments, monthly insurance and pension payments. Annuity can be defined by the payment dates frequency.
Difference between an ordinary annuity and an annuity due:
In each period certain annuities shall pay the same amount, while varying annuities that differ in amounts. At the end of each time, payments in the standard annuity take place. In comparison, payments for an annuity due are made at the start of the contract.
2. The number of y-axis and discount rate on the x-axis is usually present in an annuity table. Place them on the table for your annuity and then place the cell in which they meet. Multiply the cell number by the amount of money each time is earned.
3. The annuity table contains the amount of contributions you expect to collect at a given interest rate plus a list of equivalent payments. You come to the current value of the payments when you subtract this element by one of the payments. As a quick guide the preceding annuity table includes only figures for discrete intervals and interest rates, which may be not quite the same as a real world scenario.
Answer:
Balance sheet recession
Explanation:
This description best fits the concept of a balance sheet recession. A balance sheet recession is a type of recession that happens when high levels of private debt force people and companies to focus on saving, as opposed to spending. This occurs because people become concerned with paying their debts. The lack of spending causes economic growth to slow down or decline.
The complete sentence is given below:
In the market for eggs, a removal of the price ceiling on eggs result in FARMERS SUPPLYING MORE EGGS TO THE MARKET.
A price ceiling refers to a government imposed price on a particular commodity. It represents the maximum price at which a product can be sold in the market and the price is usually set below the equilibrium price. Price ceiling usually results in shortage in the supply of that particular product because it reduces the profits of the suppliers. Thus, when a price ceiling is removed, suppliers usually bring more of that product to the market. <span />
Answer:
Gross National Product (GNP) includes the value of all goods and services produced by nationals both inside the U.S. and abroad. For example, GNP includes goods produced by American manufacturers in Mexico-
Gross Domestic Product (GDP) includes only the value of all goods and services produced domestically, that is, within the country, whether by national firms or foreign firms. For example, GDP includes goods produced by Swiss manufacturer Nestlé in their American Plants.
Taking this into account, we can see that a situation which would make GNP much larger than GDP is if there are many more American firms producing aborad than foreign firms producing within the country. In this circumstance, American production abroad would inflate GNP, while the small foreign production in America would not increase GDP as much.
Answer:
Industrial Market
Explanation:
Market owned called Market and the consumer markets are paying for the food
