Which of the following points represents efficiency?

If there is a shortage of loanable funds, then:

lana66690 [7]

Answer: The correct answer is "d. there will be no shifts of the curves, but the real interest rate rises.".

Explanation: If there is a shortage of loanable funds, then: there will be no shifts of the curves, but the real interest rate rises.

this causes as the interest rate rises to equilibrium the amount offered of loanable funds increases and the quantity demanded of loanable funds decreases

7 0

2 years ago

Kim hired Gold Contracting to build a pool and a fancy gazebo in her backyard. The plans were complex and required expert workma

Rufina [12.5K]

Answer:

B. Kim will win, because the bonus is a reward for work they have already performed, which is past consideration and cannot be used to create a contract.

Explanation:

In order for a contract to be enforceable, consideration must be exchanged between both parties. In this case, Kim made a promise that included consideration ($3,500) but Gold didn't exchange of give anything back. The swimming pool is already finished and it represents another different contract.

Another example would be a boss telling a subordinate that he/she will receive a bonus for having worked 10 years in the firm. The employee already got paid for working the 10 years, so there is no actual exchange of new consideration.

5 0

2 years ago

On May 1, Year 1, Benz’s Sandwich Shop loaned $18,000 to Mark Henry for one year at 9 percent interest. Required a. What is Benz

ehidna [41]

Answer:

a) $1080

b)$19080

c) Loan given | -$18000

d)$540

e)$19620

f)loan | 18000

Interest received | $1620

g) $1620

Explanation:

a) Year 1 : a) Interest income = $18000*9%*8/12 = $1080

b) The total receivable at december 31,Year = 18000+1080 = $19080

c) Year 1 :Statement of cash flow

Loan given | -$18000

d) Interest income Year 2 = $18000*9%*4/12 = $540

e) Total cash collect in 2017 = $18000+$1080 + $540 = $19620

f) Cash flow from investing activities :

loan | 18000

Interest received | $1620

g)Total interest earned = 18000*9% = $1620

7 0

2 years ago

Interest-on-Interest Consider a $1,500 deposit earning 4 percent interest per year for 7 years. How much total interest is earne

valentina_108 [34]

Answer:

Interest earned  = $420

Explanation:

The total worth of the investment after the the investment period compounded at certain rate is called the Future Value.

Future Value= Principal + compounded interest i.e

FV = P × (1+r)^n

r- rate, FV- future value , n- period

FV = ? , P -1,500, r- 4%, n-7 years

FV = 1,500 ×1.04^(7)

FV = 1973.897669

Interest earned (compound intrest) = FV - Principal amount

= 1973.897669 - 1,500

= $473.89

Without interest earning interest.

The amount of interest earned will be computed on the principal only

Interest earned = $1,500× 4%× 7

= $420

7 0

2 years ago

The four conditions (mutual exclusion, hold and wait, no preemption and circular wait) are necessary for a resource deadlock to

Evgen [1.6K]

Explanation:

The conditions sufficient for a resource deadlock to occur is when a deadlock will prevail for process A, B, and C when two resources R and S; if only one instance of each resources is allowed.

Solution

Deadlock conditions

A deadlock is a situation where two or more processes request for same critical resource at the same time.

The mutual exclusion applies a restriction to a resource when the resource is used by any process, it should become unavailable for the other resources

The hold and wait allocations explains that any process which is allocate resources must hold them; till all needed resources are nor sure.

In the meantime, if any other processes need a resource which is held by another process, then the latter will release the resource to prevent deadlock.

No pre-emption states that the operating system can grant access to resources to another process while it is in use by another process; depending on the priority , to prevent deadlock.

Circular wait should not be implemented so that resources being requested by process are allocated when they get free.

Now,

Three processes A, B, and C functions on a system, having two distinct resources R and S.

The resource R has one instant active while resource S has two instances available.

The instance of R is allocated to a process A after request. first instance of resource S is allocated to process B, and second instance of resource S is allocated to process C.

When a request is placed by process B for resource R, then the resource is not available for execution. the process A request for resource S which is used by both C and B.

All the four conditions prevail in this situation; yet deadlock does not occur.

The resource S is released by process C and is allocated to process A. when process A finishes, it releases resources and resources R is allocate d to process B.

Hence all three processes end without a deadlock.

However, the deadlock will prevail for process A, B, and C when two resources R and S; if only one instance of each resources is allowed.

5 0

2 years ago