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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
In terms of elasticity of demand necessities are?
Relatively elastic
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
What do you call in economic terms buying and selling of goods?
Demand and Supply. Demand= buying goods and services. Supply=selling goods and services.
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 term is defined as fee charged for the use of money?
It is interest payable, usually on agreed terms.
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 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.
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.
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.
What is the difference between interest on savings account and interest on a loan?
The only real difference is that the interest on a savings account is money paid to you by the bank (usually paid quarterly by many banks). On the other hand, on a loan is money you pay the bank for borrowing their money. The reason the bank pays you interest on a savings account is because the bank will actually use the money you give them in your savings to pay others loans. So in basic terms, they are "borrowing" your money, so they pay you interest for doing so.
What are fixed annuities comprised of?
A fixed annuity is an annuity that pays a fixed amount of interest, defined by the terms of the contract. It is comprised of the money that you put in and the interest the insurance company provides in exchange.
What should be the accounting treatment of interest in suspense in balance sheet?
Interest in suspense represents the interest earned on a non performing asset. In terms of the accounting standards the interest earned on a non performing asset is not recognized as income- it is suspended and shown as off balance sheet . However, on the face of the balance- sheet it is included as a receivable.
