When the government transfer resources to the poor in the form of a good or service it is called an in-kind transfer.
Many countries government provide large in-kind transfer resources to the poor in the form of a good or service. These transfers are commonly referred to as government redistribution programs, presumably from the wealthy to the poor.
The term in-kind transfers generally refers to goods, services, and transactions not involving money or not measured in monetary terms are transferred to the needy.
Hence, the in-kind transfers is based on the idea that governments want to target transfers to the needy.
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Answer:
Annual Rate of Return = 12%
Effective Annual Rate of Return = 9.6%
Explanation:
Nominal Annual Rate of return = 
Annual Dividend per share = $3 per quarter 
4 = $12 per share
Current price per share = $125
Par Price per share = $100
Thus Annual Rate of return = $12/$100 = 12%
Effective Annual Rate of Return = 
= 
= 9.6%
Final Answer
Annual Rate of Return = 12%
Effective Annual Rate of Return = 9.6%
Answer:
No.
You cannot open up and put money into a Roth IRA in your child's name.
Explanation:
The IRS allows that any child, regardless of age, can contribute to an IRA if they have earned income. This means that only a child that has earned income can have an IRA opened for him or her. As the child is still underage, the IRA must be set up as a custodial account by the parent or another adult. This implies that the child cannot operate the account during the period she is underage but can have money saved in the account from her earned income.
Answer:
Federal funds rate
Explanation:
Federal funds rate is the interest rate at which commercial banks borrow and lend their excess reserves to each other overnight.
Answer: A. Both the broker-dealer and the registered representative must be registered in the state where the sale of the exempt security is going to be made
Explanation:
When a sales representative wishes to sell an exempt security to an out of state customer, it should be noted that both the broker-dealer and the registered representative must be registered in the state where the sale of the exempt security is going to be made.
It should be noted that when though the exempt securities aren't typically registered under the Federal law and the State law, the broker-dealers along with the sales employees must be registered unde the state law where the security is being offered.
