Economics

Calculating Interest: Principal, Rate and Time are Known--I= p r t

http://www.calculator.net/interest-rate-calculator.html

The level of interest rates in a free market economy are primarily determined by the rate of inflation, the demand for money, and the actions of the Federal Reserve. Lenders of money will generally demand what is known as a nominal interest rate which is equal to a real interest rate plus a premium to cover the inflation rate. The real, or inflation adjusted interest rate, is the percentage rate of return to a lender as measured by an increase in purchasing power.

Yale professor Irving Fisher's economic theory of interest rates laid the conceptual groundwork for establishing that the nominal interest rate equals the real interest rate plus the anticipated rate of inflation. Fisher's mathematical equations in his theory of interest rates are supported by empirical data. A comparison of comparable maturity U.S. Treasury securities, one of which has a fixed rate and the other an inflation adjusted rate, shows that the nominal interest rate always exceeds the real interest rate.

A consumer, whether a borrower or a saver, will generally be quoted a nominal interest rate by a bank on a loan or a savings account.

Each state is responsible for and runs its own unemployment insurance program.

congress

they have an objective porfessional third party take part in decisions

department of labor

lowering intrest rates (A+(

State and local governments carry most of the burden in paying for education.

People and businesses consume more products and services.

Prices of goods and services increase, leading to an economic slowdown.

natural disaster

It can lead to negative effects on the economic activity and can even cause a recession.

state corporate income taxes

Economic activity is rising above the point of the previous peak.

fuel taxes

Economic & social needs.

Peak a+

recession

Government agencies.

The government will assume a contractionary fiscal policy position.