It is False When the housing market collapsed in 2007, the demand for loanable funds decreased and caused interest rates to decrease.
Because Interest rates typically decline during recessions as loan demand slows, bond prices rise and the central bank eases monetary policy. During recent recessions, the Federal Reserve has cut short-term rates and eased credit access for municipal and corporate borrowers. No price in the economy is as important as the price of money. Interest rates arguably drive the business cycle of expansion and contraction.
Interest rate is the amount a lender charges a borrower and is a percentage of the principal the amount loaned.
Recession is a period when the business and industry of a country is not successful.
Corporate is formed into an association and endowed by law with the rights and liabilities of an individual.
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Answer:
They must deposit $5,113,636.36.
Explanation:
Giving the following information:
Cash flow= $225,000
Interest rate= 4.4 percent
To determine the amount to be deposited today, we need to use the perpetual annuity formula:
PV= Cf/i
Cf= cash flow
PV= 225,000/0.044
PV= $5,113,636.36
They must deposit $5,113,636.36.
The answer for this question is a. lightning.
Lightning is an important phenomenon that plays a significant role in nitrogen fixation step in the nitrogen cycle. Lightning helps to "fix" the inert nitrogen present in the atmosphere by breaking nitrogen molecules and combining them with oxygen to form nitrogen oxides. The resulting compounds are then readily absorbed by rain then the soil.
Answer:
Total direct labor costs= $295,680
Explanation:
Giving the following information:
Each Pod requires 1.4 hours of labor at a labor rate of $9.60 per hour.
Production= 22,000 Pods.
<u>First, we need to calculate the total direct labor hours required:</u>
Total direct labor hours= 22,000*1.4= 30,800 hours
<u>Now, the total direct labor costs:</u>
Total direct labor costs= 30,800*9.6
Total direct labor costs= $295,680