Answer:
B) GDP would definitely increase because GDP excludes leisure.
Explanation:
The gross domestic product GDP includes the market value of all the final and legal goods and services produced within a country during one year.
Leisure time by itself is not included in the GDP, recreational and travel activities are, e.g. hotel services, restaurants, camping equipment, etc.
Answer:
6.60%
Explanation:
We use the RATE formula that is shown in the attachment
Given that,
Present value = $=1,459.51
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 11% ÷ 2 = $55
NPER = 18 years × 2 = 36 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the coupon rate is
= 3.30% × 2
= 6.60%
Answer:
2 5 & 6 [numerical fields, all values can be compared, & length depends on value in field] are your answers.
Explanation:
Got it right on EDG21
Hi there
Excess reserve balance is
1,000−1,000×0.1=900
Hope it helps