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Home Question Bank Economics Archive 2024 December 04

Economics Questions from Dec 04,2024

Browse the Economics Q&A Archive for Dec 04,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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Which of the following is correct about the federal funds rate? OWhen the U.S, economy experiences a recession, the federal funds rate decreases, and during economic expansions, it increases. OAfter whil, the highest federal funds rate was 19.10\% in June 1981, and during the pandemic, it went down to 0.05\% in April 2920. OThroughout 2e22, to combat inflation, the Fed increased the target range for the federal funds rate seven times and the majority of times by 0.75\%. OAll the above Find the principal needed now to get the given amount, that is, find the present To get \( \$ 3000 \) after \( 1 \frac{3}{4} \) years at \( 10 \% \) compounded daily Find the principal needed now to get the given amount; that is, find the present value. To get \( \$ 5000 \) after \( 2 \frac{1}{4} \) years at \( 7 \% \) compounded daily Find the principal needed now to net the given amount; that is, find the present value. To get \( \$ 5000 \) after \( 2 \frac{1}{4} \) years at \( 7 \% \) compounded daily The present value of \( \$ 5000 \) is \( \$ \square \). (Round to the nearest cent as needed.) If potential CDP and the velocity of circulation are constant, in the long run, the percentage change in the price level if the quantity of money increases by \( 5 \% \) per year is \% per year. If the price level decreases, the answer is negative and must include a minus sign. If the price level increases, the answer is positive and must not include a plus sign. O-3 O-5 30. एक धनराशि को 72 वर्ष के लिए निवेश करने पर परिपक्यता पर ₹ 5768 प्राप्त होते हैं। यदि साधारण ब्याज दर उससे \( 2 \% \) प्रति वर्ष अधिक होती, तो परिपक्वता पर राशि ₹ 6272 होती। निवेश की गई मूल राशि थी (1) ₹3500 \( \begin{array}{ll}\text { QUESTION } 2 & \\ 2.1 \quad \begin{array}{l}\text { Boitumelo invests an amount of R28 } 000 \text { for a period of } 7 \text { years. For the first two } \\ \text { years the interest was } 12 \% \text { p.a. compounded semi-annually. The interest was then } \\ \text { changed to } 10 \% \text { p.a. compounded quarterly. } \\ \text { Determine the value of the investment after the } 7 \text {-year period. }\end{array} \\ 2.2 \quad \begin{array}{l}\text { Convert an interest rate of } 10 \% \text { p.a. compounded quarterly to an annual effective } \\ \text { interest rate. }\end{array} & \text { (3) } \\ \text { A lawnmower was traded in for R236 after } 10 \text { years. The depreciation was } \\ \text { calculated at } 9,2 \% \text { p.a. on a straight-line basis. } \\ \text { Determine the cost of the lawnmower } 10 \text { years ago. }\end{array} \) 30. एक धनराशि को 7.2 वर्ष के लिए निवेश करने पर परिपक्वता पर ₹ 5768 प्राप्त होते हैं। यदि साधारण ब्याज दर उससे \( 2 \% \) प्रति वर्ष अधिक होती, तो परिपक्वता पर राशि ₹ 6272 होती। निवेश की गई मूल राशि थी \( \begin{array}{ll}\text { (1) ₹ } 3500 & \text { (2) ₹3250 }\end{array} \) Find the time required for an investment of 5000 dollars to grow to 7000 dollars at an interest rate of 7.5 percent per year, compounded quarterly. Your answer is \( t=\square \) years. You may enter the exact value or round to 2 decimal places. A new car is purchased for 23200 dollars. The value of the car depreciates at \( 13.25 \% \) per year. What will the value of the car be, to the nearest cent, after 7 years?
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