Answer:
Growth rate of money supply is 7.6%.
Explanation:
detailed steps are given below.
Answer:
$2,430
Explanation:
Given that,
Purchase price = $108,000
Maximum LTV = 97.75%
LTV refers to the maximum amount that a lender will considering to loan out which is the percentage of the value of the property.
Therefore, the minimum down payment that a Connie must make for taking a loan is as follows:
= Purchase price × (1 - Maximum LTV)
= $108,000 × (1 - 97.75%)
= $108,000 × 0.0225
= $2,430
Answer:
The gross domestic product (GDP) of the United States is defined as the VALUE OF ALL THE LEGAL AND FINAL GOODS AND SERVICES PRODUCED in a given period of time. THEY MUST BE AVAILABLE FOR EXCHANGE ALSO, E.G. SELF-PRODUCED FOOD IS NOT INCLUDED.
1. not included, it decreases net exports and the GDP (it is included in the calculation of the GDP, but not in the GDP itself).
2. included
3. not included, it decreases net exports and the GDP (it is included in the calculation of the GDP, but not in the GDP itself).
4.not included, the table wasn't available for exchange.
5. not included, they are intermediate goods, not final goods.
Answer:
The activities that creates positive externalities among the options include:
- Late-night road construction begins on a new bridge. As a consequence, traffic is rerouted past your house while the construction takes place.
- You and your friends volunteer to plant wildflowers along the local highway.
Explanation:
Positive Externality occurs when the consumption or production of a good causes a benefit to a third party.
Take for instance, Government grants and subsidies to producers of goods and services that generate external benefits will reduce costs of production, and encourage more supply.
The positive externalities includes supply of merit goods such as healthcare, education, and social housing.
- Late-night road construction begins on a new bridge. As a consequence, traffic is rerouted past your house while the construction takes place. The positive externality here is easy access to transport.
- You and your friends volunteer to plant wildflowers along the local highway. This will cause your relationship with your friends to blossom and when the plants grow, it will purify the air and beautify the environment.
Answer:
$10.84
Explanation:
The computation of willing to pay today is shown below:
For this first we have to find out the present value that is shown below:
Year Dividend per share Present value Present value
interest factor @12%
1 $0.57 0.893 $0.509
2 $0.62 0.797 $0.494
3 $0.77 0.712 $0.548
4 $1.07 0.636 $0.681
Present value $2.232
Now the price for the fourth year is
= (Next year dividend) ÷ (Required rate of dividend - growth rate)
where,
Next year dividend = $1.07 + $1.07 × 3.8%
= $1.07 + 0.04066
= $1.11066
So, the price for the fourth year is
= ($1.11066) ÷ (12% - 3.8%)
= $13.545
Now the present value of fourth year dividend is
= $13.545 × 0.636
= $8.61
So the willing to pay today is
= $2.23 + $8.61
= $10.84