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2 years ago

Which of the following statements is false?

Business

1 answer:

Black_prince [1.1K]2 years ago

7 0

Answer:

C) Keynesians would advocate an expansionary monetary policy to eliminate a recessionary gap if they believed investment spending was insensitive to changes in the interest rate.

Explanation:

Keynesians advocated for an expansionary monetary policy in order to remove the recession gap in the case when the trust that the investment spending should not be sensitive at the time when the interest rate varies

but this should be totally wrong as first fall it should not be advocated and also the wages should not be flexible

Therefore the option c is to be considered

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You're considering a project with an initial cost of $6400, what is the payback period for this project if the cash inflows are

Alinara [238K]

Cost : 6400

900 + 1,350 = 2,250

2,250 + 500 = 2,750

2,750 + 1,350 = 4,100

4,100 + 2,800 = 6900

So there’s more than 6,400 dollars

7 0

3 years ago

Golf Guide sells imprinted clothing and accessories for golfers through a catalog. To find new customers, Golf Guide sends a sma

kherson [118]

Answer:

Cost per customer acquired = $51.67

Explanation:

Customer acquired per thousand pieces mailed = 1000*6% = 60

Total cost per thousand pieces mailed A $3,100

Divide by Customers acquired B <u> 60 </u>

Cost per customer acquired A/B <u> $51.67</u>

7 0

3 years ago

A $1,000 face value bond is currently quoted at 101.2. the bond pays semiannual payments of $28.50 each and matures in six years

goblinko [34]

Coupon rate is the yearly interest earned by a loan and it can be calculated with

$C = \frac{i}{p}$

where i is the annual interest and p is the par value of the bond or the initial loan amount.

For this particular case, since the semiannual payment is $28.50, then the annual payment is 2 x 28.50 = $57.00.

Thus, we have

$C = \frac{57}{1000} = 0.057$

From this, the coupon rate is 0.057 x 100% = 5.7%.
Answer: 5.7%

7 0

2 years ago

If the money supply is $500 and nominal income is $3,000, the velocity of money is A. 1/60. B. 1/6. C. 6. D. 60.

algol [13]

Answer:

The correct option is c.6

Explanation:

For computing the velocity of money, the following formula should be used which is shown below:

The Velocity of money = Nominal income ÷ money supply

where,

Nominal income is $3,000

and, the money supply is $500

Now put these values to the above formula so that we can find out the answer

So, the answer would be equal to

= $3,000 ÷ $500

= 6

Thus, the velocity of money is 6

Hence, the correct option is c.6

5 0

3 years ago

Heath Food Corporation’s bonds have 7 years remaining to maturity. The bonds have a face value of $1,000 and a yield to maturity

joja [24]

Answer:

8.55%

Explanation:

For computing the current yield first we have to determine the present value by applying the present value formula which is shown below:

Given that,

Future value = $1,000

Rate of interest = 8%

NPER = 7 years

PMT = $1,000 × 9% = $90

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

After solving this, the present value is $1,052.06

Now the current yield is

= PMT ÷ PV

= $90 ÷ $1,052.06

= 8.55%

3 0

2 years ago