The U.S. economic system relies on key economic indicators such as gdp, to measure economic progress. The U.S. economic system predicts how the system will look in the future by past and current market trends. The GDP, gross domestic product, is the total value of goods and services that are provided within a country during a single year. The factors are studied yearly and used for many different predicitors for years to come.
Answer:
The YTM of a bond is 7.67%
Explanation:
From a financial calculator, plug the following figures:
PV = -1029.33
PMT = 40
N = 15*2
=30
FV = 1000
CPT I/Y =3.834%
Then:
YTM = 3.834*2
= 7.67%
Therefore, The YTM of a bond is 7.67%
Commercial banks, savings and loans, credit unions, and non-banks are all considered to be a part of the U.S. <u>banking </u>system.
<h3>What is Commercial banks?</h3>
Commercial banks can be defined as banks that accept deposit and as a well give out loans to their borrowers.
Hence, United State of American banking system is comprises of the following:
- Commercial banks
- Savings and loans
- Credit unions
- Non-banks
Learn more about Commercial banks here:
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Answer: A. Reduces competition
Explanation:
Because When two competitor firms cooperate with each other, the competition in market eases off
It is the lived nomadic lives. A nomad is a man with no settled home, moving from place to put as a method for getting nourishment, discovering field for animals, or generally bringing home the bacon. The word Nomad originates from a Greek word that implies one who meanders for field.