Answer:
First of all, Switzerland has one of the most open and free market economies in the world, while the US government says that our economy is open but compared to other capitalistic countries, the American economy is a very closed one.
The effects of any change in monetary policy will be more significant in a small open economy like Switzerland since foreign trade is very important to them.
An increase in the money supply will depreciate the currency of a country, and any effect on the exchange rate will affect more an open economy.
The effect on aggregate demand is: left Shift in the Aggregate Demand Curve - expectations.
Effect on aggregate demand
Left Shift in the Aggregate Demand Curve - expectations means that the total amount consumer tends to spend on goods and services are decreasing.
Consumer spending less can occur when things are costly or due to the inflation which is the rise in the price of goods and services in the market.
Inconclusion the effect on aggregate demand is: left Shift in the Aggregate Demand Curve - expectations.
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Answer:
$3,173.63
Explanation:
For computing the price of the bond we need to apply the present value i.e to be shown in the attachment
Given that,
Future value = $3,000
Rate of interest = 4.8% ÷ 2 = 2.4%
NPER = 25 years × 2 = 50 years
PMT = $3,000 × 5.2% ÷ 2 = $78
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the price of the bond is $3,713.63
Answer:
alot 34
Explanation:
why? cuz there was 18 and 12
APICS is a widely recognized professional society for persons interested in operations and supply chain management.
Association for Supply Chain Management is a not-for-profit international education organization offering certification programs, training tools, and networking opportunities to increase workplace performance.
APICS merged with the Supply-Chain Council in 2014, and the American Society of Transportation and Logistics in 2015.
Examples of certification : CPIM, CSCP etc.
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