Answer: d. Decision-making lag
Explanation:
When policy makers have identified that there is a problem that needs fixing but cannot seem to agree on the way forward, this is known as a <em>Decision - Making Lag or simply the Decision Lag.</em> It is one of the 3 specific inside Policy Lags and can be devastating due to the uncertainty of time it might take.
For instance, the economists suggesting dropping the federal funds rate by 0.25% might have the backing of one half of the Fed and the other Economists, the other half. Arguments could therefore go on for weeks before a decision is made.
Where its triangle which takes into account a basic design like economic structure etc....
Answer:
Intructions are listed below.
Explanation:
Giving the following information:
Kant Miss Company is promising its investors that it will double their money every 3 years.
A) According to the rule of 70, an investment will duplicate in X number of years using the following formula:
N= 70/ interest rate
In this exercise:
3=70/i
i=70/3= 23.33%
B) If this is a good deal or not will depend on the interest rate and risk that you are willing to accept.
C) To find how many years it will take to reach to $26000 we need to use the following formula:
n=[ln(FV/PV)]/ln(1+r)
ln= natural logarithm
FV= Final value
PV= present value
r= interest rate
n=[ln(26000/300)]/ln(1+0,23333)
n= 21,55 years.
Answer:
debit Income Summary $12,000; credit Retained Earnings $12,000.
Explanation:
Based on the information given The entry to close Income Summary is:
Debit Income Summary $12,000
Credit Retained Earnings $12,000
(To close Income Summary)
