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igor_vitrenko [27]
3 years ago
11

Classify each of the following in terms of their effect on interest rates (increase or decrease): I. Covenants on borrowing beco

me more restrictive. II. The Federal Reserve increases the money supply. III. Total household wealth increases. I increases; II increases; III increases I decreases; II increases; III increases I decreases; II decreases; III decreases I increases; II decreases; III decreases None of these choices are correct.
Business
1 answer:
kozerog [31]3 years ago
5 0

Answer: I decreases; II decreases; III decreases

Explanation:

Debt Covenants becoming more restrictive means that less people want to borrow money. This shifts the demand curve to the left and this Decreases interest rates.

The Fed increasing money supply means that there is more money in the economy. This shifts the supply curve to the right thus having the effect of reducing Interests rates as there is more money available for loans.

Total Household Wealth increasing means that Households have less of an incentive to borrow money. This reduces the demand for interest rates so interest rates decrease.

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Which type of travel product is an experience and not a commodity? a Norwegian Cruise Line cruise a room at a Holiday Inn a car
ale4655 [162]
<span>a Norwegian Cruise Line </span>
6 0
3 years ago
Read 2 more answers
g The length of time a firm must wait to recoup, in present value terms, the money it has invested in a project is referred to a
Lorico [155]

payback period is the length of time a firm must wait so as to recover the money it has invested in a project.

Payback period is the length of time it takes a company to recover the money spent on a project.

The payback period can also defined as the period taken for an investor to reach break even. That is it is the period taken for the revenue to equal to the cost of executing a project.

Find out more at: brainly.com/question/13978071

7 0
2 years ago
Worth Company reported the following year-end information: beginning work in process inventory, $180,000; cost of goods manufact
Hunter-Best [27]

Answer:

a. $804,000

Explanation:

Preparation of Worth Company's cost of goods sold for the year

Cost of goods manufactured $816,000

Add Beginning finished goods inventory $252,000

Less Ending finished goods inventory ($264,000)

Cost of goods sold $804,000

Therefore Worth Company's cost of goods sold for the year is: $804,000

8 0
3 years ago
The amount of time it takes Robby to go grocery shopping is continuous and uniformly distributed between 20 minutes and 45 minut
labwork [276]

Answer:

0.4

Explanation:

This problem has been solved using the method of integration.

We are required to solve for the probability that it takes Robby between 29 and 39 minutes to go grocery shopping

= X~U(20,45)

= 1/45-20

= 1/25

Then we get computation for p[29<x<39]

When we take the integrals with x = 1/25

We get

Probability that it takes Robby between 29 and 39 minutes to go shopping to be 0.4

6 0
2 years ago
At the beginning of the year, manufacturing overhead for the year was estimated to be $477,590. At the end of the year, actual d
neonofarm [45]

Answer:

At the beginning of the year used in the predetermined overhead rate must have been $16.30 per labor hour

Explanation:

Estimated manufacturing overhead = $477,590

Actual Labor hours = 29,000

Actual Manufacturing overhead = $472,590

Over application of manufacturing overhead = $110

As we know:

Over applied manufacturing overhead = Manufacturing overhead applied - Actual manufacturing overhead

$110 = Manufacturing overhead applied - $472,590

Manufacturing overhead applied = $110 + $472,590

Manufacturing overhead applied = $472,700

Manufacturing overhead applied = Actual Labor Hours x Predetermined overhead rate

$472,700 = 29,000 hours x Predetermined overhead rate

Predetermined overhead rate = $472,700 / 29,000 hours

Predetermined overhead rate = $16.30 per labor hour

7 0
3 years ago
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