Answer:
real GDP
Explanation:
The above rule was proposed by Milton Friedman that the money supplied by the central bank be increased by constant percentage on annual basis. In other words, constant money growth rate rule suggested money supply growth rate be equal to GDP growth rate annually.
According to Friedman, monetary policy contributes to fluctuation in an economy. He suggested that the best way to stabilize a fluctuating economy is to allow the central bank increase money supply in the long run by a targeted amount annually irrespective of the situation of the economy.
Answer:
Guardian Health Services Co.
Income Statement for the year ended February 28, 20Y0
$ $
Sales
Service Revenue 334,100
Cost of Goods sold
Supplies Expense <u> 4,180</u>
Gross Profit 329,920
Operating expense
Utilities Expense 26,800
Wages Expense 262,700
Depreciation Expense 17,400
Insurance Expense 8,530
Miscellaneous Expense 6,790
Rent Expense 70,300
<u> 392,520</u>
Net profit/(loss) (62,600)
Explanation:
The income statement is a statement that shows the net profit or loss of a business for a period end. It shows the income made and expenses incurred in the course of a given period.
Answer:
a. enforce the contract or recover what she invested with Finlay.
Explanation:
From the question we are informed about Frank which Through fraudulent means, he induces Ethel to sign a contract to invest with him the profits from her business. In this case When Ethel learns the truth, she may enforce the contract or recover what she invested with Frank. Contract can be regarded as an agreement that exist between two parties which could be private parties to create obligation which is mutual and is enforceable under law, element needed for a contract to be valid is that there must be valid offer as well as acceptance.
When the manager wants to add more client pcs to an office, but there are not enough ports available, a powerline adapter should be added to resolve the issue.
Using the electrical cabling, a powerline adaptor connects your computer to the internet. A powerline adaptor allows you to genuinely benefit from both worlds. Because a powerline adaptor still uses an Ethernet cable, albeit to a lesser extent, it is sometimes referred to as a powerline-Ethernet adaptor. Powerline adapters will function to connect your gaming computer or console to high-speed Internet, but they are not the greatest choice. It is advantageous that powerline adapters have lower latency than Wi-Fi. In contrast to their alternatives, they don't have the same level of dependability or quickness.
Learn more about powerline adapters here:
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Answer:
5.32%
Explanation:
The computation of the coupon rate on the bonds is shown below:
As we know that
Current price = Annual coupon × Present value of annuity factor(6.1%,8 ) + $1,000 × Present value of discounting factor(6.1%,8)
$952 = Annual coupon × 6.18529143 + $1,000 × 0.622697222
Annual coupon is
= ($952 - 622.697222) ÷ 6.18529143
= $53.24
Now
Coupon rate is
= Annual coupon ÷ Face value
= $53.24 ÷ $1,000
= 5.32%
Working notes:
1. Present value of annuity is
= Annuity × [1 - (1 + interest rate)^-time period] ÷ rate
= Annual coupon × [1 - (1.061)^-8] ÷ 0.061
= Annual coupon × 6.18529143
And,
2.Present value of discounting factor is
= $1,000 ÷ 1.061^8
= $1000 × 0.622697222
