Each day, you are faced with choices. You have to decide how to use your resources. For example, should you use some of your all
owance money to buy new clothes? Or should you save your money toward buying a computer? There are costs and benefits for each decision. Governments are also faced with decisions, such as whether or not to use price controls. You already know about the costs and benefits of a specific price control called rent control. In this project, you will assess rent control while playing the role of a minimum wage earner.
1 answer:
Hello <span>Gabbypittman20!
Answer:
This answer is very tricky...but at least you have a teacher to help you.
</span><span>The answer to this question would buy new clothes before buying a computer.
Explanation:
See, this is a Need or want question. You NEED clothes but you WANT a computer. Get it? contact me for more information.
FLVS teacher,
~Sarah Bunkly
</span>
Answer:
This answer is very tricky...but at least you have a teacher to help you.
</span><span>The answer to this question would buy new clothes before buying a computer.
Explanation:
See, this is a Need or want question. You NEED clothes but you WANT a computer. Get it? contact me for more information.
FLVS teacher,
~Sarah Bunkly
</span>
You might be interested in
Answer:
(a) Dollar price of the bond = Par value × Current price percentage
= $1,000 × 106.124%
= $1,061.24
(b) Bond's current yield:
Annual interest paid in dollars = Bond par value × Rate of interest
= $1,000 × 7.8%
= $78
= 0.0734
= 7.34%
(c) Issue price of bond is $1,000 and current maturity price is $1,061.24. Thus, bond price is greater than the par value.
(d) Current yield is the return on bond at current price. Yield to maturity is 6.588 % and current yield is 7.34%. Since the current price is more than the par value, therefore, YTM is lower than the current yield.