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Ymorist [56]
3 years ago
13

Higher nominal interest rates ______ the amount of money demanded and higher real income ______ the amount of money demanded.

Business
1 answer:
Ulleksa [173]3 years ago
3 0

Answer:

decreases

increases

Explanation:

Nominal interest rate is real interest rate plus inflation rate. If nominal interest rate rises, people would prefer to save their money and so the demand for money would fall.

Real income is income adjusted for price level changes. The higher the real income,the higher the purchasing power, the higher the demand for money.

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zalisa [80]
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3 0
3 years ago
Loan Term - Interest Rate - Monthly Payment24 months - 2.5% - $342.08 36 months - 3% - $232.65 48 months - 4% - $180.63 60 month
a_sh-v [17]

Answer:

Option B 36 months

Explanation:

The reason is that it meets both the budget requirement which is it must be under $250 and must be the one that pays the principle and the interest amount as quickly as possible. So if Markel choses the option with monthly instalments made within 36 which is under $250 then it will also enable him to pay his liabilities as early as possible.

8 0
2 years ago
Please help, will give Brainlest. Explain how a business income statement could help a business owner who is looking for investo
mixer [17]

Answer:

The income statement determines very important information for a business investment proposal such as EBITDA : Earnings Before Interest and Taxes plus Depreciation and Amortization.

This indicator is critical to know how much profit is drive just by the operation of the business. You can compare this indicator with accounts such as long term and short term loans  in order to determine how much debt is healthy for the business to ask for investors or a bank.

Explanation:

8 0
3 years ago
Read 2 more answers
Jeff Company issues a promissory note to David Company to get extended time on an account payable. David records this transactio
victus00 [196]
Jeff Company issues a promissory note to David Company to get extended time on an account payable. David records this transaction by debiting <span>Accounts Payable and crediting Notes Payable.

Hope this helps!!</span>
6 0
2 years ago
Read 2 more answers
F. Marston, Inc. has developed a forecasting model to estimate its AFN for the upcoming year. All else being equal, which of the
erica [24]

Answer:

E) A sharp increase in its forecasted sales.

Explanation:

Haven developed a forecasting model to estimate its AFN for the upcoming year, F. Marston, Inc. would have an increase in the additional funds needed (AFN) due to the sharp increase in its forecasted sales.

An increase in sales translates to an increased cash flow and profits.

3 0
2 years ago
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