The average tax rate is 21.47 % so that means. you would have to pay around $11,166, and you would be left with $40,834.
Hope this helped!
It’s the value of the next best alternative when a decision is made, so not the first desired choice, but the second one
Answer:
C) Decrease bank reserves, decrease bank loans and decrease the money supply while raising interest rates
Explanation:
Selling by the Federal reserve of government securities is an application of contractionary monetary policy. These securities are purchased by the commercial banks which results in a reduced reserve for these banks. This reduction in reserve restricts credit creation which is the banks, ability to lend loans. When there are less loans in the market - there is a reduced money supply in the market and thus the cost of borrowing or interest rates are pushed higher because of limited money supply.
Similarly purchasing these securities will leave banks with ample money and more credit can be created thus inducing the opposite effect.
Hope that helps.
Answer:
22,401,500 MXN exit from account
Explanation:
Given:
MXN at 22.4015
Amount = $1,000,000
MXN at short position
Find:
Flow of MXN
Computation:
MXN at short position so, flow is exit
MXN exit = 1,000,000 × 22.4015 )
22,401,500 MXN exit from account
