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MrRa [10]
3 years ago
13

If the real money demand is greater than the real money supply, interest rates must rise to reach equilibrium in the money marke

t as institutions sell bonds to obtain more money.1. True2. False
Business
1 answer:
kondaur [170]3 years ago
6 0

Answer:

2. False

Explanation:

The market for money is like the market for any other good: if demand is higher than supply, then, the price of money (the interest rate), will have to be lowered, so that money becomes cheaper and more abundant, and supply and demand become equal and reach equilibrium.

In this case, the centrla bank needs to lower the interest rates by buying bonds. When the central bank buys bonds, it prints more money that is put in the market, effectively increasing the supply of money, and lowering the interest rate in the meantime.

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The _____ quality attributes are embedded in the total product, that is, the physical or core product and all the additional fea
Agata [3.3K]
If I've got it right, the answer with missing word looks like this: The market-perceived quality attributes are embedded in the total product, that is, the physical or core product and all the additional features the consumer expects.
6 0
3 years ago
Providing and recording documents are performed by:____________.
postnew [5]

Providing and recording documents are performed by : The closing agent

<h3>Who is a closing agent?</h3>

Closing agents are basically professionals who acts directly for the buyer by making interest of the buyer known to the seller. They are usually associated with real estate transactions.

A closing agent could be a lawyer speaking to a bank or lender. The actual closing is conducted by a closing agent who might be a worker or employee of the lender or the title company or organization.

Other duties of a closing agent are :

  • Ordering title work and a property survey.
  • Issuing commitment title.
  • Assisting with obtaining requisite insurance
  • Issuing and sending the title insurance policy to both the buyer and lender
  • Assembling the loan closing package .

Therefore, closing agent responsible for providing and recording documents.

Learn more about closing agent here : brainly.com/question/8023863

5 0
2 years ago
Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2: D
Sauron [17]

Answer:

$33,630

Explanation:

Given that the company's collection history shows that 43% of credit sales are collected in month of sale and the remainder (57%) is collected in the following month then, in the month of January, Cash collections in January from December credit sales would be equivalent to 57% of December Credit sales. Using the actual figures,

Cash collections in January from December credit sales would be

= 57% * 59,000

= $33,630

7 0
2 years ago
At year-end, the following additional information is available: a. The balance of Prepaid Rent, $4,920, represents payment on Oc
Rudiy27

Question Completion:

The December 31, 2018, unadjusted trial balance for Demon Deacons Corporation is presented below.

 

Accounts                      Debit       Credit

Cash                          $ 8,100

Accounts Receivable 13,100

Prepaid Rent              4,920

Supplies                      2,100

Deferred Revenue                     $ 1,100

Common Stock                           11,000

Retained Earnings                       4,100

Service Revenue                      37,520

Salaries Expense   25,500

Total                    $ 53,720  $ 53,720

Use the following additional information to prepare the adjusted Trial Balance.

Answer:

Demon Deacons Corporation

Adjusted Trial Balance

As of December 31, 2018

Accounts                      Debit       Credit

Cash                          $ 8,100

Accounts Receivable 13,100

Prepaid Rent              3,280

Supplies                         610

Deferred Revenue                      $ 825

Common Stock                           11,000

Retained Earnings                       4,100

Salaries Payable                            700

Service Revenue                      37,795

Rent Expense            1,640

Salaries Expense   26,200

Supplies Expense     1,490

Total                    $ 54,420  $ 54,420

Explanation:

a) Data and Analysis:

a. Rent Expense $1,640 Prepaid Rent, $1,640 ($4,920 * 2/6) rent from November 1, 2018, to April 30, 2019.

b. Deferred Revenue, $275 Service Revenue $275

c. Salaries Expense $700 Salaries Payable $700

d. Supplies Expense $1,490 Supplies $1,490

Accounts                      Debit       Credit

Cash                          $ 8,100

Accounts Receivable 13,100

Prepaid Rent              4,920 - 1,640 = 3,280

Supplies                      2,100 - 1,490 = 610

Deferred Revenue                     $ 1,100 -275 = 825

Common Stock                           11,000

Retained Earnings                       4,100

Salaries Payable                            700

Service Revenue                      37,520 + 275 = 37,795

Rent Expense            1,640

Salaries Expense   25,500 + 700 = 26,200

Supplies Expense     1,490

Total                    $ 53,720  $ 53,720

4 0
3 years ago
What are the cons of a mixed market economy for most citizens?
Romashka [77]

Answer:

It can be very difficult for citizens to start private businesses. Citizens must pay for most basic necessities by themselves. There is no guarantee of steady employment for many citizens. Citizens may pay higher taxes than in other economic systems.

Explanation:

hope i helped

4 0
2 years ago
Read 2 more answers
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