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Paraphin [41]
3 years ago
14

Suppose there is a simultaneous central bank sale of bonds and increase in consumer confidence. We know with certainty that thes

e two simultaneous events will cause
Select one:
a. an increase in output
b. a reduction in interest rate
c. a reduction in output.
d. an increase in the interest rate.

= an increase in the interest rate.​
Business
1 answer:
Bas_tet [7]3 years ago
8 0

Answer:

Select one:

a. an increase in output

b. a reduction in interest rate

c. a reduction in output.

d. an increase in the interest rate.

= an increase in the interest rate.

Explanation:

Select one:

a. an increase in output

b. a reduction in interest rate

c. a reduction in output.

d. an increase in the interest rate.

= an increase in the interest rate.

Select one:

a. an increase in output

b. a reduction in interest rate

c. a reduction in output.

d. an increase in the interest rate.

= an increase in the interest rate.

Select one:

a. an increase in output

b. a reduction in interest rate

c. a reduction in output.

d. an increase in the interest rate.

= an increase in the interest rate.

Select one:

a. an increase in output

b. a reduction in interest rate

c. a reduction in output.

d. an increase in the interest rate.

= an increase in the interest rate.

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Anna71 [15]

Answer:

The amount of interest paid is $ 1,500.

Explanation:

Given that Perry Mazza wants to borrow $ 30,000 from the bank, and the interest rate is 5% and the term is for 5 years, to determine what is the amount of interest paid, the following calculation must be performed:

(30,000 x 5) / 100 = X

150,000 / 100 = X

1,500 = X

Therefore, the amount of interest paid is $ 1,500.

8 0
3 years ago
Local governments receive most of their money from what two kinds of taxes?
professor190 [17]
The local government receive most of their money from Real Estate Property Tax and Personal Property Tax.

Real Estate Property are properties that are immovable. This includes land, building, and all improvements (fixtures) that cannot be removed without damage to the property.

Real Estate Property Tax is levied on homes, farms, business properties, and most other real property.

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4 0
3 years ago
Given a home country and a foreign country, purchasing power parity suggests that: A. the home currency will depreciate if the c
lisabon 2012 [21]

Answer:

Option (C) is Correct.

Explanation:

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Purchasing power parity measures or compares the currencies of the two different nations by using a basket of goods approach.

It is calculated as follows:

= (cost of basket of goods in home currency) ÷ (Cost of same basket of goods in foreign country)

We know that if there is an increase in the rate of inflation in a home country then as a result there is a fall in the value of home currency. Higher inflation will lead to an increase in the prices of goods in the home country but prices remains the same in foreign country.

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4 years ago
The current liability for Wages Payable (or Accrued Payroll) represents the:
Rainbow [258]

Answer:

2.

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4 0
3 years ago
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