Answer: c. negative relation between the real interest rate and saving.
Explanation: Savings belong to what an economy saves from its income, which in turn represents national savings. We also have the investment and the net capital flow. The balance is reached when the amount of savings equals investment and net capital flows or demand for loanable flows.
Therefore, we can say that the demand is negative when interest rates rise, since this retracts the economy and decreases the savings and thus the money available to lend.
Answer:
7,540
Explanation:
Principle is $13,000
Rate is 5.8%
Time is 10 years
Therefore the simple interest can be calculated as follows
= principle × rate × time
= 13,000 × 5.8/100 × 10
= 13,000 × 0.058×10
= 7,540
Hence the simple interest is 7,540
Answer:
a.mechanistic
Explanation:
Based on the scenario being described within the question it can be said that it seems that Fine Lines Inc. is using a mechanistic structure. This type of structure, also known as a bureaucratic structure, is a structure based on a single formal and centralized network where authority comes from the top-level managers who make most of the decisions.
Answer:
$300,000
Explanation:
Data provided in the question:
Amount the painter would like to spend on a respirator = $30
Chances of paint fume killing the painter = 0.01%
Now,
The cash value he places on the life of painter
= [ Amount spent on respirator ] ÷ [ Probability of death ]
or
= 30 ÷ 0.01%
or
= 30 ÷ 0.0001
or
= $300,000
