Bank deposits help the nation’s economy by giving banks the money to loan to other people and to invest. When people make deposits into a bank, the bank has more money to lend other epople when they come make a withdraw, need a loan for personal or business use or to invest in stocks and bonds to grow the company and their weath. Banks run on the money poeple deposit into them.
Answer:
I would need to invest 672,097.26 at 10.7% annual rate
If rate drops by half then the investment will be for 819,815.38
Explanation:
We are asked to to an invesmtent today to yield 1,000,000 in 40 years.
Notice this will be a lump sum not an annuity as this will be just one investment.
Amount 1,000,000.00
time 0.11
rate 40.00000
Principal at 10.7% 672,097.26
Principal at 5.35% 819,815.38
Answer:
$4
Explanation:
Perfectly competitive firms are characterised by:
1) Free entry and exit of buyers and sellers.
2) Large number of buyers and sellers.
3) Existence of identical product.
4) Informations are readily available to the customers.
Marginal revenue(MR) refers to a change in revenue as a result of an additional change in output.
At 100 units output, MR=$400
At 101 units output, MR=$404
Change in MR=$404-$400
=$4
Change in output=101 units-100units
=1 unit
Marginal revenue(MR)= change in revenue/Change in output
Marginal revenue (MR)=$4/1 Unit
MR= $4
Answer:
Estimated change in cash = $220,000
Explanation:
GIven:
Net income = $200,000
Sales = $540,000
Expenses = $180,000
Depreciation expenses = $60,000
Accounts receivable balance increased = $40,000
Find:
Estimated change in cash
Computation:
Estimated change in cash = Net income + Depreciation expense - Accounts receivable balance increased
Estimated change in cash = 200,000 + 60,000 - 40,000
Estimated change in cash = $220,000
Answer: Microeconomics is the study of changes in price in the price of commercial real estate.
Explanation:
Microeconomics is the study of the behavior of individuals, households and firms in making decisions and the allocation of resources. Microeconomics deals with individual issues and applies to the markets of products. In microeconomics, the economy is studied at an individual level. Examples of microeconomics are demand, price level, supply and competition.
Apart from Microeconomics is the study of changes in price in the price of commercial real estate(option A), every other options deals with the economy as a whole. The other options are macroeconomic issues and not microeconomic issues.
