Answer:
The answer is below
Explanation:
To be able to enjoy some small daily purchases and also make wise, long-term decisions when it comes to spending and saving, you will need to take the following steps:
1. Ensure you have a plan: this will describe your short term and long term goals about your finances
2. You can start with an 80%/20% rule. Here, you spend 80% of your income and save 20%. You can increase that later to 70/30%
3. After sometimes, invest 80% of your savings and keep 20%
4. Use credit when only necessary
5. Enjoy yourself sometimes by spending the money for yourself adequately.
6. Keep learning how to maximize your income.
Answer:
7.52689%
Explanation:
Ervin Company:To break even with an 93% success rate, Ervin will need to recoup
$1/0.93=$1.0752689.
Hence:
Winthrop should charge a return greater than ($1.0752689/$1.00) -1
=($1.0752689)-1
=0.0752689×100
=7.52689%
Therefore th eloan rate Winthrop Enterprises should charge Ervin Company for loans will be 7.52689%
Answer: Reserves and the monetary base; the money supply ( please check your options, they are not clear)
Explanation:
An open market operation (OMO) is an operation by a central bank to give lquidity to a bank or receive liquidity in its currency from a bank. A central bank uses OMO as the major means of balancing monetary policy target in terms of inflation, interest rates, or exchange rates, by purchasing or selling of government securities so as to to expand or contract money in the bank system and control interest rates.
The use of open market operations as a monetary policy tool ultimately helps the Fed pursue its dual responsibilities- improving employment and influencing prices—by controlling the supply of reserves in the banking system, which leads to interest rate changes.
Open market sales therefore shrink Reserves and Monetary base thereby lowering the Money Supply.
Answer:
High-benefit, low-risk projects
Explanation:
Given that, the firm is in a non-information-intensive industry, it is expected that, in evaluating its inventory of systems and IT projects, the firm should go for the project with low risk and high benefits, because, the IT projects are not their strong points, and it is believed that they do not have the right and competent expertise to tackle and face the challenges that may arise if they try to dive into the high-risk inventory of systems and the IT projects.
Hence, the right answer is High Benefits and Low-Risk projects
