Answer: a) An increase in the quantity of existing apartments in Rentville
Explanation:
A price ceiling is the maximum price that a good or service can be sold.
The price ceiling ( $800) is less than the equilibrium rent ($1000). This would lead to a reduction in supply of houses and an increase in demand.
When demand outstrips supply, shortages occur.
Answer:
$3,088.80
Explanation:
Note that the loan is meant for 120days , however, the interest rate quoted is on an annual basis, hence, the interest for 120 days is 2.96% ( 9%*120/365).
It is equally important to note that at maturity the loan principal and the interest accrued thus far for 120 days are repayable to the lender as computed below:
total repayment=$3000+($3000*2.96%
)
total repayment=$3000+$88.80
total repayment=$3,088.80
In the mainstream view, one major source of instability in the macro economy is the volatility of <u>investment spending.</u>
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The definition of instability is a lack of stability or balance or a tendency toward unpredictable or erratic behavior. When you swing from one emotion to another, first feeling happy and then very sad for no reason, this is an example of emotional instability. Lack of stability; unstableness. lack of stability or steadiness. tendency to variable or unpredictable behavior. physics is a fast-growing disturbance or wave in a plasma.
Instability is the quality of being unstable. ...unpopular policies, which resulted in social discontent and political instability.
learn more about instability here
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Answer:
$291,630
Explanation:
The computation of the net cash provided by financing activities is shown below:
Cash flow from financing activities
Less: Existing debt repaid -$313,400
Add: Raised additional debt capital $649,200
Less: Repurchased stock in the open market - $44,170
Net cash provided by financing activities $291,630
We added the additional debt capital and the rest items are deducted
