Answer:
d. money demand shifts left and decreases if money supply shifts left.
Explanation:
The money market can be defined as a component of the financial market wherein, financial instruments with low risk, high liquidity and short-term maturities (usually 365days or less) such as federal funds, treasury bills, bills of exchange, commercial paper, certificates of deposit, repurchase agreements, etc are traded between banks and other financial institutions.
When the money market is drawn with the value of money on the vertical axis, the price level increases if money demand shifts left and decreases if money supply shifts left.
Also, when the money market is drawn with the value of money on the vertical axis, the value of money decreases, as price level increases; causing quantity of money demanded to increase and to move rightward on the money demand curve.
However, there would be an increase in the demand of money, if the price level is above the equilibrium rate; thereby making the price level to fall when the money market is drawn with the value of money on the vertical axis.
Answer:
$7,081.25
Explanation:
Face value = 5000
Coupon = 15% paid annually. Semi annual payment = 750/2 = 375
Time to maturity = 18 years
Interest rate = 10% compounded semi-annually
P = 375(P|A, 5%, 36) + 5000(P|F, 5%, 36)
P = 375(16.58131488) + 5000(0.17265193)
P = 6217.99308 + 863.25965
P = 7081.25273
P = $7,081.25
So, the present worth of one bond today is $7,081.25
Answer:
D
Explanation:
This will help her develop journalism skills at a younger age
Answer:
total cost to be accounted = $297000
Explanation:
given data
beginning work in process inventory = $37,000
ending work in process inventory = $43,000
costs added to production = $260,000
cost of units transferred out = $254,000
solution
we get here total cost to be accounted that is express as
total cost to be accounted = ending work in process inventory + cost of units transferred out ......................1
put here value and we will get
total cost to be accounted = $43,000 + $254,000
total cost to be accounted = $297000
I would say that the market economy and westward expansion promoted the institution of slavery as in the new United States whereby in order to sell more say cotton at a cheap price (the market economy) then the landowners would employ slaves for cheap labour so as to extract maximum profit from their labour.