<span>In response households and firms will
sell short term assets and this will drive
up interest rates.
</span>
Price stability, High employment,
Economic
growth and Stability of financial
markets and institutions are the four monetary policy goals of the Fed. Sometimes, the Fed <span>can have trouble to distinguish the small ups and downs of the
economy from a recession.</span>
Answer:
Following would be the journal entry for purchase of office supplies;
Office Supplies A/C Dr. $2500
To Cash A/C $800
To Accounts Payables A/C $1700
(Being office supplies purchased partly for cash, partly on credit, being recorded)
Purchases is a nominal account so the rule which applies is, debit all expenses and credit all incomes and gains.
Cash is also a real account so the principle which applies is, debit what comes in and credit what goes out.
Accounts Payable is also a real account so the same principle applies, as for cash.
Here, the probabilities for success for the three teams are 0.9, 0.8 and 0.7, so the probability of failure for the three teams will be 0.1, 0.2 and 0.3.
We need to find the probability that all the teams fail, which can be calculated as: 0.1 * 0.2 * 0.3 = 0.0060 or 0.60%.
I hope my solution solves your query.
A variable APR<span> is calculated by adding a set number determined by the </span>credit card<span>issuer (called the margin) to a reference rate (called the index) such as the U.S. Prime Rate. When the Prime Rate goes up or down, </span>your<span> variable </span>APR<span> may change, depending on whether </span>your<span> issuer updates </span>your<span> rates monthly or quarterly.</span>