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What does a unitary elastic graph represent in terms of price elasticity of demand?
A unitary elastic graph represents a price elasticity of demand of 1, indicating that a change in price leads to an equal percentage change in quantity demanded.
Which of the following terms best describes the process by which the government controls interest rates and the money supply in order to influence the economy?
monetary policy
Explain why the FED cannot set intermediate targets in terms of both monetary aggregates and interest rates?
Monetary aggregate is a goal of money supply. Interest rate is a goal of a constant rate. To hold a specific money supply the interest rate would fluctuate. To hold a specific interest rate the money supply would fluctuate. So they can not work together.Check this out and read 11.2 through 11.4http://www.pitt.edu/~jduffy/econ280/lec1213.pdf
Why does the FED cannot set intermediate targets in terms of both monetary aggregates and interest rates?
Monetary aggregate is a goal of money supply. Interest rate is a goal of a constant rate. To hold a specific money supply the interest rate would fluctuate. To hold a specific interest rate the money supply would fluctuate. So they can not work together.Check this out and read 11.2 through 11.4http://www.pitt.edu/~jduffy/econ280/lec1213.pdfProf. Duffy from the University of Pittsburgh
In terms of elasticity of demand necessities are?
Relatively elastic
What are the investment basics?
Understanding simple terms , demand, supply, price, value, money, currency, interest, yield, return, ownership, transferability, equity, debt, mutual funds, .. start with these.
Can a creditor demand more money after a garnishment has been paid in fullthey are claiming it is interest.Our court papers said total included interest.?
If you have satisfied the terms of the judgment then they would need to go back to court for additional money.
If I borrow money knowing it has interest - is it up to me to pay it and if I do not is that stealing?
If you borrow money on agreed terms, including the obligation to pay interest, then choose not to pay the interest, that would be stealing.
What is the definition of interest in math terms?
The charge for borrowing something (money) or the return for lending it
What does q stand for in terms of money?
In terms of money, "q" often represents the quantity of goods or services produced or consumed in economic models. It can also denote the quantity in relation to demand and supply equations. In some financial contexts, "q" may refer to Tobin's q, a ratio that compares the market value of a firm to the replacement cost of its assets.
What term is defined as fee charged for the use of money?
It is interest payable, usually on agreed terms.
What does Money Owed mean?
"Money owed" refers to the amount of money that an individual or entity is obligated to pay to another party. This can arise from loans, credit agreements, or unpaid bills. It represents a liability on the balance sheet of the debtor and must be settled according to the agreed-upon terms. Failing to repay money owed can lead to penalties, interest charges, or legal consequences.
What is the definition of cheap money in economic terms?
This idea has to do with a period of low interest rates to boost spending and investments. Cheap money is the idea that since interest rates are low, from the bank, then it is cheaper to borrow that money and invest it in something.
Is a certificate of deposit the same as a promissory note?
No, they are not the same.Promissory note: represents a loanA promissory note written document in which a borrower agrees (promises) to pay back money to a lender according to specified terms. It usually includes specific terms of repayment, such as when the note is payable on demand and whether payment is due by a stated time or through a series of payments. A promissory note is a legally binding written promise to repay a debt.Certificate of deposit: represents money deposited in a term accountA certificate of deposit (or CD) is similar to a savings account in that you are paid interest on money deposited in a financial institution. However, you earn higher interest in exchange for agreeing to leave the money on deposit for a set period of time. CDs are a safe investment as long as you understand how they work and especially the penalties for early withdrawal of the funds. CDs are issued by commercial banks and savings and loans (or other thrift institutions).
What is loan?
Loan is an amount of money advanced to a borrower, to be repaid at a later date, usually with interest. legally, a loan is a contrat between a buyer (the borrower) and a seller (the lender), enforceable under the Uniform Commercial Code in most states. The terms and conditions for repayment of a loan, including the finance charge or interest rate, are specified in a loan agreement. a loan may be payable on demand (a Demand Loan), in equal monthly installments (an installments loan) It is also define as when a lender gives money or property to a borrower, and the borrower agrees to return the property or repay the borrowed money, along with interest, at a predetermined date in the furture.
What does a unitary elastic graph represent in terms of price elasticity of demand?
A unitary elastic graph represents a price elasticity of demand of 1, indicating that a change in price leads to an equal percentage change in quantity demanded.
Is Northern Ireland mostly orange or green?
In terms of physical geography it is mostly green. In terms of politics, where green represents the nationalist and republican community and orange represents the unionist and loyalist community, orange represents the majority of the population.In terms of physical geography it is mostly green. In terms of politics, where green represents the nationalist and republican community and orange represents the unionist and loyalist community, orange represents the majority of the population.In terms of physical geography it is mostly green. In terms of politics, where green represents the nationalist and republican community and orange represents the unionist and loyalist community, orange represents the majority of the population.In terms of physical geography it is mostly green. In terms of politics, where green represents the nationalist and republican community and orange represents the unionist and loyalist community, orange represents the majority of the population.In terms of physical geography it is mostly green. In terms of politics, where green represents the nationalist and republican community and orange represents the unionist and loyalist community, orange represents the majority of the population.In terms of physical geography it is mostly green. In terms of politics, where green represents the nationalist and republican community and orange represents the unionist and loyalist community, orange represents the majority of the population.In terms of physical geography it is mostly green. In terms of politics, where green represents the nationalist and republican community and orange represents the unionist and loyalist community, orange represents the majority of the population.In terms of physical geography it is mostly green. In terms of politics, where green represents the nationalist and republican community and orange represents the unionist and loyalist community, orange represents the majority of the population.In terms of physical geography it is mostly green. In terms of politics, where green represents the nationalist and republican community and orange represents the unionist and loyalist community, orange represents the majority of the population.In terms of physical geography it is mostly green. In terms of politics, where green represents the nationalist and republican community and orange represents the unionist and loyalist community, orange represents the majority of the population.In terms of physical geography it is mostly green. In terms of politics, where green represents the nationalist and republican community and orange represents the unionist and loyalist community, orange represents the majority of the population.
