The fact that the GATT was biased in favor of a industrialized nations was one of the key causes of its demise.
What is GATT what does it do?The General Tariffs and Trade Agreement (GATT), which was ratified by 23 nations in 1947, lowers trade restrictions by doing away with or lowering quotas, tariffs, or subsidies. It was intended to hasten the post-World War II economic recovery.
Are GATT & WTO the very same thing?The General Tariffs and Trade Agreement is known as the GATT. The International Trade Organization is known as the WTO. Its World Trade Organisation( wto is an established work whose authority has been accepted by it has many member nations, unlike GATT, which was a international treaty with such a brief international existence.
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A contractionary monetary policy reduces GDP by: O lowering Interest rates and encouraging investment and consumption spending O raising interest rates and discouraging investment and consumption spending O raising Interest rates and encouraging investment and consumption spending
A contractionary monetary policy reduces GDP by raising interest rates and discouraging investment and consumption spending .
As a Monetary Policy, what is Contractionary Policy?By reducing the amount of active money circulating in the economy, inflation is to be decreased. It also tries to stop capital investment and speculation that may have been sparked by earlier expansionary policies.
The overall demand for products and services in the economy is reduced by the decline in consumer and company investment spending. Businesses are less likely to increase staff hiring and spend more on other resources when production declines.
Therefore, option B is correct.
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the tangency portfolio is defined as the portfolio of risky assets that has the: question 5 options: a) smallest variance b) minimum variance c) highest expected return per each unit of risk d) highest expected return
The market portfolio is the ideal risky portfolio (tangency portfolio) with the lowest systematic risk, according to the CAPM. has the highest predicted return and depends on risk aversion.
What types of assets are there?
Equipment, real estate, raw materials, and inventories are examples of tangible assets. Intangible assets include things like royalties, patents, and other intellectual property.
What does the term asset mean?
A commodity with economic value that a person, corporation, or nation owns or manages with the hope that it will one day be valuable is described as an asset. The balance sheet of a company contains a list of assets. Four categories are used to categorize them: present, permanent, financial, and tactile..
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What are the main points of the Code of Ethics?
The three primary categories of codes of ethics are those that are compliance-based, value-based, and professional.
What is meant by professional?For the majority of people, performing professionally entails carrying out tasks and conducting oneself in a way that gives the impression of competence, dependability, and respect to others. Professionals are an honor to themselves and to the community. Professional skills are talents and abilities related to a particular career that are put to use in the workplace and are useful for almost any employment.An ethical professional shows consideration for their customers, coworkers, and personnel. When speaking with them, he is courteous and considerate. He meets deadlines and is always on time. In order to meet their needs, he is adaptable and ready to collaborate with others.The adjective profess, which means to have professed one's vows, and the verb professes, which means to profess or confess, are where the word professional originally came from.To learn more about professional refer to:
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What does Accenture help businesses implement to ensure their data is trustworthy and reliable data and analytics platforms?
They offer frameworks for data governance that form the basis of company's data analytics plan. They create a data governance structure, which later serves as foundation of bank's analytics strategy.
What constitutes data governance's core?observing common laws and regulations: To reduce risks and noncompliance, a data process perspective should adhere to defined standards and guidelines. The right laws and regulations should be established by organizations for issues including network connectivity, data definition, privacy policies, and security requirements.
A data governance model: what is it?A information management model is a structure that describes the systems and procedures for the production, preservation, and disposal of data. There are various sorts of data governance models, as opposed to just one that each company uses.
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Consider individuals in each state with total family incomes of $95,000. What percent of families in each state have incomes less than $95,000? enter each answer as a whole number.
a total family income of $95,000 for each state's residents. how many households earn less than $95,000 in each state?
$95,000 in earnings before taxes
Governmental and state taxes: 45% * $ 95,000 = 42,750
I want to calculate my net income.
Net income calculation methods
Find your taxable income, then deduct any pre-tax benefit contributions.
Maintain all applicable taxes (federal, state and local)
Count any contributions made for post-tax advantages.
There may be a need for wage garnishment.
The result is net profit.
After taxes, what is net income?
Any deductions must be taken out of your gross annual income because net income only pertains to your income after taxes. After subtracting all allowable deductions from your gross income, your remaining taxable income is what's left.
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What economic effect did Southern slavery have on the North?
Southern Slavery, as it was mostly practiced in the South throughout the middle of the 1800s, contributed to the North affluence and industrialisation. While the conflict destroyed the agrarian.
slave-based Southern slavery economy, the Northern economy profited from growth in many of its sectors, such as textile and iron manufacturing. The conflict also fueled the expansion of railroads, enhancing the transportation system. Southern cotton was sent to northern companies, which produced cotton goods. These goods were transported from northern ports to ports elsewhere in the world. The majority of people in the north did not disagree that black people were inferior to white people, but they questioned the morality of slavery. Abolitionists from the North raised more aggressive voices, such Boston editor and publisher William Lloyd Garrison.
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What are the three types of taxable income?
What is Taxable Income?
Taxable income refers to any individual’s or business’ compensation that is used to determine tax liability. The total income amount or gross income is used as the basis to calculate how much the individual or organization owes the government for the specific tax period.
One important thing to remember about taxable income is that it includes not just one’s salary but also compensation in other forms, such as tips, bonuses, allowances, commissions, and capital gains.
Types of Taxable Income
1. Employee compensation and benefits
1. Employee compensation and benefitsThese are the most common types of taxable income and include wages and salaries, as well as fringe benefits.
1. Employee compensation and benefitsThese are the most common types of taxable income and include wages and salaries, as well as fringe benefits.2. Investment and business income
1. Employee compensation and benefitsThese are the most common types of taxable income and include wages and salaries, as well as fringe benefits.2. Investment and business incomeFor people who are self-employed, they are also subject to tax liability, specifically through their business’ income. For example, net rental income and partnership income qualify as taxable income.
1. Employee compensation and benefitsThese are the most common types of taxable income and include wages and salaries, as well as fringe benefits.2. Investment and business incomeFor people who are self-employed, they are also subject to tax liability, specifically through their business’ income. For example, net rental income and partnership income qualify as taxable income.3. Miscellaneous taxable income
1. Employee compensation and benefitsThese are the most common types of taxable income and include wages and salaries, as well as fringe benefits.2. Investment and business incomeFor people who are self-employed, they are also subject to tax liability, specifically through their business’ income. For example, net rental income and partnership income qualify as taxable income.3. Miscellaneous taxable incomeThis includes income that doesn’t fit into the other types. It includes things such as death benefits, life insurance, and canceled debts. Alimony, items involved in barter trading, and income from one’s hobby are also miscellaneous taxable income.
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Who was responsible for the economy in ancient egypt? artisans merchants pharaohs viziers.
Artisans were responsible for the economy in ancient Egypt. Egyptian society was structured like a pyramid. At the top were the gods, analogous as Ra, Osiris, and Isis.
Egyptians believed that the Gods regulated the world. Therefore, it was necessary to keep them happy. They could make the Nile overflow, produce deficit, or cause mortality. The Egyptians also believed some mortal beings to be Gods. Their leaders, called Pharos, were believed to be gods in mortal form. They had absolute power over their subjects. After the rulers died, huge monument conglomerations were erected as their sepultures, called the Pyramids. They were buried in chambers within the conglomerations. Because the people of Egypt believed that their Pharos were gods, they entrusted their rulers with multitudinous arrears. Protection was at the top of the list.
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What are the 3 top sources of the federal government's revenue?
The vast majority of federal revenue comes from individual and corporate income taxes, as well as social insurance taxes.
What are the federal government's revenue sources?Individual taxpayers, small businesses, and corporations contribute the vast majority of revenue to the federal government. Excise tax, estate tax, and other taxes and fees are additional revenue sources.The government's five major revenue sources are the Goods and Services Tax (GST), income tax, corporation tax, non-tax revenues, and union excise duties.Individual income taxes, payroll taxes, and corporate income taxes are the three main sources of federal tax revenue. Excise taxes, the estate tax, and other taxes and fees are also sources of revenue.Taxation is the federal government's single largest source of revenue (or revenue). Other forms of government revenue exist (such as fees and interest), but they pale in comparison to the taxes we all pay. Taxes come in three varieties: Individual earnings are taxed.To learn more about federal government revenue refer to :
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Knowledge check here is a chart of the Nasdaq Composite , the world's main technology index. It peaked in the dotcom bubble on March 10, 2000 The P/E ratio later peaked above 500. In hindsight , this is widely agreed to have been a bubble. In March 2015, the index value for the first time since then surpassed the peak. why might some investors at that point have argued " this time it's different"?
The some investors at that point have argued "this time it's different" it because earnings grew substantially, meaning that the P/E ratio in early 2015 was only around 30.3x.
What is P/E ratio?P/E ratio or price to earning ratio is a ratio in stock market to determine the value of stock if their overvalued or undervalued.
Overvalued it means when the stock price is considered too high compared to the income for each of stock. Undervalued it means when the stock price is considered too low compared to the income for each of stock.
It should be noted that the P/E ratio uses a comparison of prices and earnings so that if one of these factors changes, this will affect the P/E ratio.
Thus, if earnings grow substantially it will make lower P/E ratio and it will make different than on March 10, 2000 where P/E ratio is extremely high.
You question is incomplete, but this is a general answer about P/E ratio.
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Why is refinement not a Scrum event?
refinement is not a formal Scrum event because it doesn't have to happen. It is a good practice, but not always needed.
Scrum is a project management framework that was initially developed for the software development industry, while it has since been used to various industries such as research, sales, marketing, and cutting-edge technology. It is intended for groups with 10 or fewer individuals that divide their work into tasks that can be finished in time-limited sprints. Each sprint lasts no more than one month and is often two weeks long. In time-boxed daily sessions of 15 minutes or less, known as daily scrums, the scrum team evaluates progress. The team has two more meetings at the conclusion of the sprint: a sprint review to show stakeholders the work completed and solicit input, and a sprint retrospective to allow the team to reflect and get better.
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a city is debating whether or not to build a new park. the city owns the land, having purchased it 50 years ago for $25,000. a local restaurant developer has offered $700,000 for the land. the development costs for the park would be $100,000. what is the minimum amount of the benefits for the park development in order to be rational for the city?
The minimum amount of the benefits for the park development in order to be rational for the city $800000.
As per the details shared in the above question is as follow,
The following are the details,
The city owns the land, having purchased it 50 years ago for $25,000.
A local restaurant developer has offered $700,000 for the land
The development costs for the park would be $100,000.
what is the minimum amount of the benefits for the park development in order to be rational for the city?
Therefore the amount takes to develop the park is $100,000
The opportunity cost is $700,000
So, the total benefit = $100,000+$700,000= $800000
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what is gregors reaction to hearing that his father has csome money left over form his failed business
A. Gregor wishes he himself could have used the money to pay off his parents' debt faster but is happy his family has the money.
Gregor is initially overwhelmed by the news that his father has some money left over from his failed business. He initially wishes he could have used the money to pay off his parents' debt faster, but is ultimately happy for his family to have it. Gregor is aware of the financial burden his family has been under and the impact it has had on his family.
He knows that the money will help his family in their difficult financial situation and wants them to benefit from it. He is not focused on his own personal gain and instead is focused on how the money can help his family. He is selfless and understanding of their financial struggles, and is willing to do whatever he can to help out. He is thankful that his family has the money and wants to make sure they are able to use it to their advantage.
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Complete question:
What is Gregor's reaction to hearing that his father has some money left over from his failed business?
A. Gregor wishes he himself could have used the money to pay off his parents' debt faster but is happy his family has the money.
B. Gregor wants his father to spend all of the money to find a way to return Gregor back to normal.
C. Gregor is angry that his father did not trust him with the information. D. Gregor asks that his parents use the extra money to send Grete to a conservatory to practice the violin.
A bond with a face value of $200,000 and a quoted price of 102¼ has a selling price of
a. $240,450.
b. $204,050.
c. $200,450.
d. $204,500.
A bond with a face value of $200,000 and a quoted price of 102¼ has a selling price of = 2,000×$102.25 =$204,500.
A bond is a type of instrument used in the financial sector in which the issuer is indebted to the holder and is bound by the terms to repay the principal of the bond i.e. the amount borrowed. On the bond's maturity date plus interest over a predetermined period of time.
Interest is usually due at predetermined intervals, such as semiannually, annually, and less often at different times. Thus, a bond is a type of loan or confirmation of debt. With the help of bonds, borrowers can finance long-term investments or, in the case of government bonds, current expenses.
Hence the correct answer is A
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an interbank-traded contract to buy or sell interest rate payments on a notional principal is called a forward rate agreement. a. true b. false
True. An interbank-traded contract to buy or sell interest rate payments on a notional principal is called a forward rate agreement.
The interbank market is a global network used by financial institutions to trade currencies and other currency derivatives directly with each other.
A Forward Rate Agreement (FRA) is an over-the-counter agreement between parties specifying an interest rate to be paid at an agreed future date.
The notional amount is not exchanged but is a cash amount based on the price difference and the notional amount of the contract.
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layes inc. issues 8,000 shares of $100 par value preferred stock for cash at $106 per share.
Cash DR 848,000 (8,000 x 106)
Preferred Stock CR 800,000 (8,000 x 100)
Paid in Cap-ital in Excess of Par Value- Prefe-rred Stock CR 48,000 (differ-ence bet-ween cash & preferred)
What Is a Preferred Stock?The term "stock" refers to owne-rship or eq-uity in a firm. There are 2 typ-es of equity — com-mon stock and preferred stock. Prefer-red stock-holders have a higher claim to divi-dends or asset distri-bution than common stock-holders. The details of each preferred stock dep-end on the issue.
preferred stock typic-ally do not share in the price apprec-iation (or depreciation) to the same deg-ree as common stock.
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Is a credit union better than a credit card?
The credit union are better than a credit card it depends on everyone's opinion.
What is credit union?Credit unions is a nonprofit organizations that give the member access to borrow from deposit pool at lower interest rates than conventional credit card.
There are some pros and contra about credit union, the pros is:
Reassessment of your application, the conventional bank will not consider you again if your application for credit card is denies. But, the credit union will reassessment your application.Lower rates and fees, because it from member and nonprofit organization, the credit union will provide lower rates and fees than conventional bank.Access to other financial product, credit union is like a bank will offer different thing of financial product.Then, the contras is:
Membership eligibility criteria, most of credit union have limitation surrounding for who may become member of credit union.Cross-collateralization, cross-collateralization refers to linking all your credit accounts from a single credit union. Absence of 24/7 customers service, most of credit union only provide the phone customer service during work hours on working days.Thus, the everyone have opinion who is better credit union or credit card.
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Assuming that this is a complete, if scrambled, record of sandy’s july spending and that any overdraft fees incurred do not affect the running total, how many times did sandy overdraw her account in july? a. sandy never overdrew her account. b. sandy only overdrew her account once. c. sandy overdrew her account twice. d. sandy overdrew her account more than twice.
Option C. is correct, sandy overdrew her account twice. The act of taking out more money than is available in one's account is known as overdrawing.
When a person doesn't have enough money to cover a specific purchase, an overdraft arises.
It is evident from the evidence provided that Sandy overdrew her account more than twice. This suggests that he made more money than she had available on her account.
An overdraft from the account is a transaction in which the account holder is able to withdraw more money than the actual balance of the account. A transaction that causes an overdrawn balance results in the account being in the negative.
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What are the rules of a causal relationship?
It is necessary to demonstrate three things in order to prove causality: that X occurred before Y; that the observed relationship between X and Y wasn't the result of pure chance; and that there is no other explanation that could explain the X -> Y relationship.
What are the three requirements relationship for proving a causal connection?
The first three criteria—empirical connection, independent variable's temporal priority, and spuriousness—are typically regarded as prerequisites for determining a causal impact. To prove a connection between these three, you must first prove these three.What are the four causality rules?
According to Aristotle, efficient causality refers to a fundamental reality of experience that cannot be explained or reduced to something more fundamental or basic. The four reasons are referred to as the essential cause, the logical foundation, the moving cause, and the final cause in some of Aristotle's writings.
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CVP analysis does not consider a) level of activity. b) variable cost per unit. c) fixed cost per unit. d) sales mix.
The fundamental premise of CVP analysis is that fixed cost per unit. does not fluctuate with volume and that fixed cost in total and variable cost per unit stay constant.
Even though all of these are constantly changing in the actual world, CVP analysis is still thought to be the most helpful management decision-making tool. The assumptions that CVP makes, such as assuming the sales price and the fixed and variable cost per unit are constant, determine its dependability. Within a predetermined level of output, the expenses are fixed. Assuming that every unit produced is sold, all fixed expenses must remain steady. The Cost-Volume-Profit (CVP) Analysis: What Is It? A cost accounting technique called cost-volume-profit (CVP) analysis examines the effects that different levels .
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What should the government do to benefit small businesses?
To benefit small businesses the government should use economic development program.
Economic development programs can be used by the government to stimulate growth in a state or region. To promote a business-friendly environment, it may offer tax incentive programs, grants, loans, and subsidies to companies interested in establishing a new business in the area. Government loans, for example, will assist small businesses owners who are unable to obtain traditional bank loans. These are available at the state and federal levels and can be used by creditworthy entrepreneurs. They may, however, require additional paperwork and proof of income. The expansion of local businesses helps to support the tax base through business taxes and employee wages.
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which of these is not correct about the capital allocation line (cal)? question 14 options: a) the slope of the cal is called sharpe ratio. b) the slope of the cal is called reward to return ratio. c) the cal goes from the risk-free rate and through the optimal risky portfolio d) the cal provides us with all the possible combinations of the optimal risky portfolio with the risk-free asset.
The claim that is untrue is In the absence of a risk-free asset, the CAL is also known as the efficient frontier of hazardous assets. As a result, choice (D) is the right response.
What is Capital Allocation Line?On a graph representing all conceivable combinations of risk-free and risky assets, a line called the capital allocation line (CAL), sometimes known as the capital market link (CML), is drawn. The graph shows the potential return that investors could make by taking on a particular level of risk with their investment. The reward-to-variability ratio is the name given to the slope of the CAL.
Investors can choose how much money to put into one or more risky assets and one or more risk-free assets using the capital allocation line.
Hence, option (D) is accurate.
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it is efficient for firms to set wages at the equilibrium level. b) it may be in the best interest of firms to offer wages that are above the equilibrium level. c) setting wages at the equilibrium level may increase unemployment. d) the most efficient way to pay workers is to pay them according to their skills.
b) It is efficient for firms to set wages at the equilibrium level as it may be in the best interest of firms to offer wages that are above the equilibrium level.
This is because setting wages at a higher level than the equilibrium level can help firms attract and retain more qualified employees, as well as improve worker morale, performance, and productivity.
By offering higher wages, firms can ensure that they have the best talent, which can lead to increased profits in the long run. Additionally, offering wages that are above the equilibrium level can also provide incentives to employees to work harder and be more dedicated to their job.
This can give the firm a competitive advantage in the market and can lead to increased profits.
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_________ is the extent to which workers in an organization specialize as opposed to performing a variety of tasks as generalists.
Division of labor is the extent to which workers in an organization specialize as opposed to performing a variety of tasks as generalists. Hence, option E is correct.
In any economic system or organization, the division of labor refers to the separation of duties to allow members to specialize.
division of labor, or the split of a work process into several tasks, each of which is carried out by a different individual or group of people It is one of the fundamental organizational principles of the assembly line and is most frequently used in mass production systems. The assembly line found in the majority of manufacturing facilities is an illustration of labor division. Before the product proceeds to the next station in an assembly line, each worker has a task to perform. The product is moved between stations while each station's employee continually completes the same duty.
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The correct question is:
____ is the extent to which workers in an organization specialize as opposed to performing a variety of tasks as generalists.
(A) Segregation
(B) Departmentalization
(C) Differentiation
(D) Administrative component
(E) Division of labor
What happens to the federal funds rate when there is a recession?
Interest rates frequently decrease during recessions as bond prices increase, loan demand slows, and the central bank loosens monetary policy.
In a recession, what happens to the federal funds rate?When the Fed anticipates that the economy will enter a recession, it can stimulate the economy in the short term by lowering the federal funds rate, which lowers the cost of borrowing for the banks.
What takes place when the federal funds rate rises?The amount that commercial banks charge one another for short-term loans is influenced by this important interest rate. Because borrowing costs increase with a higher fed funds rate, banks and other financial institutions may be less eager to borrow money.
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Students in a school-to-work program have the opportunity to participate in all of the following except:
Students in a school-to-work program have the opportunity to participate in all of the following except: D.dual enrollment courses.
What is dual enrollment courses?Dual enrollment courses can be defined as those courses that are college courses but which are available for high schools student to partake of. One of the advantage of this course is that it gives high school student the opportunity to have an Associate degree.
Students in a school-to-work program have the opportunity to participate in:
Internships.Job shadows.ApprenticeshipsTherefore the correct option is D.
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The complete question is:
Students in a school-to-work program have the opportunity to participate in all of the following except:
A.internships.
B.job shadows.
C.apprenticeships.
D.dual enrollment courses.
What is the best way of recycling plastic?
Verify that the label says "crush to conserve" before recycling plastic bottles. If so, take off the cap and twist and push the bottle from the top to crush it. Put the bottle's lid back on once it has been crushed so that it can also be recycled.
What method of recycling plastic is the simplest?Use Your Old Plastic Coffee Creamer Jars to Store Snacks.
Make a planter with plastic bottles.
Utilize empty 2-liter bottles to start a herb garden.
Use the laundry detergent containers to create a beach bucket.
To reuse soda bottles, make a vertical garden out of them.
Which recycling technique works the best?Zero bags. No luggage, I mean, really.
Little things can cause great difficulties. Recycle only items that are larger than a credit card.
Make sure it is dry, clean, and empty.
Materials combined are waste.
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the owner of an apartment complex with long term financing in place wishes to sell in year four of the mortgage loan. which clause in the note and mortgage or deed of trust should be examined for its potential economic impact?
Where the owner of an apartment complex with long-term financing in place wishes to sell in year four of the mortgage loan, the clause in the note and mortgage or deed of trust that should be examined for its potential economic impact is: "defeasance" (Option B)
What is defeasance?In law, a defeasance is an instrument that opposes the force or operation of another deed or estate; as opposed to a condition, what is deemed a condition in one deed is a defeasance in another.
Defeasance transactions are classified into two types: "legal defeasance" and "in-substance" defeasance. In a legal defeasance, the borrower is legally relieved from continued duty on the loan. In an in-substance defeasance, the borrower remains legally accountable to the lender.
Defeasance enables borrowers to exchange the collateral on their loans with properties that offer the same cash flows as the original loan.
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Full Question:
The owner of an apartment complex with long term financing in place wishes to sell in year four of the mortgage loan. which clause in the note and mortgage or deed of trust should be examined for its potential economic impact?
- exculpatory
- defeasance
- indemnity
- default
To compensate the bondholders for getting the bond called, the issuer pays which of the following?
a. call feature
b. call premium
c. coupon rate
d. original issue premium
To compensate the bondholders for getting the bond called, the issuer pays a call premium
A call premium is an amount that a bond issuer pays to bondholders in order to redeem or call the bonds before the scheduled maturity date. The call premium is intended to compensate bondholders for the loss of future interest payments and the opportunity to hold the bonds until maturity. The call premium is usually expressed as a percentage of the bond's face value, also known as the par value.
Bond issuers may choose to call their bonds for a variety of reasons, such as to take advantage of lower interest rates, to refinance their debt, or to pay off the bonds early. Bondholders may also choose to sell their bonds in the secondary market if they believe that the call premium is attractive enough.
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The labor supply curve starts to bend backward once the 1Marginal revenue product of labor equals the marginal utility of leisure. 2Substitution effect exceeds the income effect. 3Income effect exceeds the substitution effect. 4Total utility of leisure outweighs the total utility of labor.
The labor supply curve starts to bend backward once the income effect exceeds the substitution effect.
On a normal supply curve, supply rises as salaries grow. From left to right, it slants.
However, the supply curve frequently bends backwards in labor markets. As a result, increased salaries may eventually cause a decrease in the labor force. This happens when workers are enticed by increased compensation to work fewer hours and spend more time relaxing.
There are two effects that are connected to figuring out the labor supply.
According to the substitution effect, earning more money makes work more alluring than leisure. As a result, because work pays more, supply rises in proportion to rising earnings.
According to the income effect, employees can make their desired income by working fewer hours if their wages are higher. Therefore, it is simpler to earn enough money by working fewer hours if wages rise.
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