It is the sister strategy to monetary policy through which a central bank influences a nation's money supply.
Answer:C...fixed factor
Explanation:it is C because if something is fixed, then it shoouldnt change. kind of like a dog.
Recurring debt is the form of a due payment that occurs continuously as the amount of the money cannot be cancelled at the debtor's request it consists of the loan payment, alimony and child support.
$388 is the maximum allowable recurring debt.
<h3>What is the 28:36 ratio and how it is calculated?</h3>
The ratio states that a family should expend the utmost of 28% of its monthly earnings on entire housing expenditures but not additionally than 36% on complete debt service.
Given,
Monthly income = $4,850
- <u>Maximum expense on housing expense</u> = 28% of 4850
- <u>Maximum expense on total debt service</u> = 36% of 4850
- Therefore, the maximum allowable recurring debt with a monthly income of $4,850
Thus, option A. $388 is correct.
Learn more about the 28:36 ratio here:
brainly.com/question/18250434
Answer:
The answer is: the quantity supplied increases as more firms enter the market.
Explanation:
As the price of a product increases, suppliers /existing and new suppliers) are willing to offer a larger quantity of that product. But if the price of a product decreases, suppliers will be willing to offer smaller quantities of that product. (Law of Supply).
For example, if the price of new cars was at least $1,000,000 per car, all the car manufacturers will be willing to produce cars at full capacity. But if they can only sell cars at $15,000 or less, only the smallest and cheapest cars will be sold, and the factories that build larger and more expensive cars will close.
Answer:
She should pay $22,113 for this investment
Explanation:
A fix payment for a specified period of time and compounding on specified rate is called annuity. $5,000 per year payment for seven years is also an annuity and its today value can be determined by following formula
Present value of Annuity = P [ 1 - ( ( 1 + r )^-n ) / r ]
P = Payments = $5,000
r = required rate of return = 13%
n = Number of years = 7
Present value of Annuity = $5,000 x [ 1 - ( ( 1 + 13% )^-7 ) / 13% ]
Present value of Annuity = $5,000 x [ 1 - ( ( 1 + 0.13 )^-7 ) / 0.13 ]
Present value of Annuity = $5,000 x [ 1 - ( ( 1.13 )^-7 ) / 0.13 ]
Present value of Annuity = $5,000 x 4.42261
Present value of Annuity = $22,113
