Answer:
$240,885.11
Explanation:
The formula to be used is = annual payment x annuity factor
Annuity factor = {[(1+r) ^N ] - 1} / r
R = interest rate = 8.2 percent
N = number of years = 25
[(1.082^25) - 1 ] / 0.082 = 75.276598
75.276598 x $3,200 = $240,885.11
I hope my answer helps you
Answer:
d $250,000; subtracted from
Explanation:
Sales of U.S. Treasury bills to the banking system by the Fed is a contractionary monetary policy that will reduce the money supply.
Based on the money supply multiplier, the amount of the reduction in money can be calculated as follows:
Amount of reduction in money supply = $25,000 / 10% = $250,000.
Therefore, if the banking system does NOT want to hold any excess reserves, <u>250,000</u> will be <u>substracted from</u> the money supply.
Answer:
D. Charged on the buying and selling of stock.
Explanation:
Trade is defined as the action of buying and selling goods and services. And a trade commission is payed whenever an action is being traded, whether it is on the sale or on the buying.
Answer: increase the rate of growth of the money supply to restore spending growth.
Explanation:an increase in money supply growth. If the Federal Reserve offsets a negative shock to aggregate demand with increased money growth: both inflation and real GDP growth will rise.
Answer:
The correct answer is There will be no real change in the sales of those subliminally advertised items.
Explanation:
Subliminal advertising is one whose message is transmitted below the threshold of consciousness, whether using images, sounds or other techniques that are not readily noticeable. The objective of this type of advertising is to influence the wishes of consumers by generating impulses and needs that encourage them to buy or perform a certain marketing action, but without being aware of that influence.
