A group of political leaders believe that businesses should switch to using renewable energy. A factory owner argues that his bu
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Answer: The price level falls and output rises.
Explanation:
According to Moore's law, it is stated that the computing speed of a microchip doubles every 18 months. According to Moore, this will increase thespeed and capability of computers and also bring about lesser pay for the computers.
The effect of this on the economy is that it will lead to a fall in price level and increase in output as there will be faster and cheaper production. This can be shown in the diagram attached.
Based on the selling price, the coupon rate, and the period, the yield to maturity will be <u>7.2%. </u>
<h3>What is the yield to maturity?</h3>This can be found using a financial calculator or Excel worksheet.
Face value = 95% x 1,000
= $950
Coupon amount = 1,000 x 6% / 2 semi annual periods per year
= $30
Period = 5 years x 2
= 10 semi annual periods
Yield to maturity is = 3.6%
Annual yield to maturity:
= 3.6% x 2
= 7.2%
Find out more on yield to maturity at brainly.com/question/15172286.
