Mark carefully analyzed his financial portfolio and found out that every time the European Central Bank increases its discount rate by a decimal point his revenue decreases by 100 €. On the other hand, if the ECB lowers its discount rate by a decimal point his revenue increases by 65 €. In February 2012 (leap year) the ECB has not changed the discount rate for 19 days;
when it did change the rate, the variation was always of a single decimal point. Assuming the ECB can vary its discount rate only once a day, how many times did it make a positive change in the rate if Mark's revenue increased by 155 € at the end of the month? ​

Answers

Answer 1

If Mark's revenue increased by 155 € at the end of the month, the number of times that the ECB made a positive change in the rate is 2.4 times.

What is the ECB's monetary policy?

The European Central Bank's monetary policy aims to influence:

Price stability
InflationConsumptionEconomic growthLiquidityPreserve the value of the Euro.

Data and Calculations:

Mark's revenue increase when ECB lowers the discount rate = 65 €

Increase in Mark's revenue = 155 €

The number of times the ECB lowered the discount rate = 2.4 times (155 €/65 €).

Thus, if Mark's revenue increased by 155 € at the end of the month, the number of times that the ECB made a positive change in the rate is 2.4 times.

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Related Questions

3. Pretend you make $300 worth of purchases on your credit card, your bill arrives saying your minimum payment due is $15 and you pay $100 before the due date. Describe how credit card interest works and what you can expect to happen next.

Answers

The credit card interest works upon the per-day interest rate. When the interest rate is charged on daily basis, the next thing that can happen over the credit card is the payment of a penalty over non-payment of interest till the due date.

What is a credit card?

A credit card is a plastic card issued by financial institutions for lending a certain limit amount to the cardholder for a certain period of time. The amount of the credit card needs to be paid back to the bank along with the interest before the due date.

In the given case:

Assume an Annual Percentage Rate of 12% then the monthly rate is 1%, so the daily percentage rate is 0.0329% (12%/365).

The initial settlement of $100, the credit card balance reduces to $200. Daily the card company will add 0.0329% interest to the balance until you pay off the debt.

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Control limits come from :__________
a) Review Later b) Customer expectations c) Engineering specifications d) Common cause process variation e) Supplier capability

Answers

Answer:

e

Explanation:

Faulk Corporation uses a process costing system for its two production departments: Mixing and Baking. The company provided the following manufacturing cost information for the month of June.

Beginning work in process $ 500 $ 1,000
Costs transferred in ? ?
Costs incurred in May 5,000 9,000
Ending work in process 1,500 3,000

a. Record the transfer of costs from the Mixing Department to the Baking Department in June.
b. Record the transfer of costs from the Baking Department to Finished Goods Inventory in June.

Answers

the answer would be A

PLEASE HELP AND THE DUE DATE IS TODAY.
-No Spam(Will be reported immediately
-No incorrect answers (Will be reported immediately)
-Correct Answers will be MARK AS BRAINLIEST

Answers

Answer:

A) cheque

B) Bank statement

C) Receipt

D) Invoice

Which of the following is NOT a role of banks?
Question 1 options:
Pool savings of many to make large loans
Charge depositors interest on their savings
Spread the risk of loans among many lenders
Evaluate loan applicants

2. Banks banks do all of the following with the money you deposit except:
Question 2 options:
Keep it in the vault for safety
Loan is out to borrowers
Offer a safe place to store your money
Payless interest on deposits than they charge borrowers

Answers

The function that is not a role for bank is C. Spread the risk of loans among many lenders

What is a bank?

A bank simply means a financial institution that keeps money for their customers. Banks pool savings of many to make large loans and harge depositors interest on their savings.

Also, banks do all of the following with the money you deposit except keep it in the vault for safety.

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Although they may be subtle, when considering forces for change, job dissatisfaction, absenteeism, and low productivity represent:___________ a) human resources concerns. b) managers' behavior. c) technological advancements. d) demographic characteristics.

Answers

The factors of absenteeism, low productivity, and job dissatisfaction when considering forces of change are collectively known as A. Human resource concerns.

What are human resource concerns?

These are all the related factors that affect the labor and workforce of an organization.

Some examples include job dissatisfaction, and low productivity. There are also issues of absenteeism amongst staff. These factors need to be considered when trying to instill change in the workforce.

In conclusion, option A is correct.

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Discuss briefly the statement about the meaning of forecasting .

Answers

Answer:

Anticipating is a procedure that involves verifiable information as contributions to make informed gauges that are prescient in deciding the heading of future patterns. Organizations use guaging to decide how to distribute their financial plans or plan for expected costs for a forthcoming timeframe.

Forecasting is a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends.Businesses utilize forecasting to determine how to allocate their budgets or plan for anticipated expenses for an upcoming period of time. This is typically based on the projected demand for the goods and services offered.

Gus was recently laid off, and he is struggling to pay his bills and make ends meet. Gus is meeting with a staffing agency later in the week. As he prepares for the meeting, what should Gus say about his former company

Answers

Answer:

“I was able to learn from this experience. I now know what not to do in my next job.”

Explanation:

“I was able to learn from this experience. I now know what not to do in my next job.”

Which type of enterprise has ‘unlimited liability’?
A.
corporation
B.
public-limited company
C.
partnership
D.
private-limited company

Answers

Answer:

the answer is C partnership.

A company's ________________________ may play a role in pricing. Which answer completes the blank in the sentence?

Question 3 options:

revenue


stock value


target market


sales

Answers

The answer that would best complete the blank is "revenue" as it would play a key role in pricing.

What is Revenue?

This refers to the total amount of income that is gotten from the sale of goods in a marketplace.

Hence, we can see that when pricing a company based on its value, the revenue of the company would be important as it may play an important role in pricing.

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Heath Company uses 10,000 units of a part in its production process. The costs to make a part are: direct material, $12; direct labor, $25; variable overhead, $13; and applied fixed overhead, $30. Heath has received a quote of $55 from a potential supplier for this part. If Heath buys the part, 70 percent of the applied fixed overhead would continue. Heath Company would be better off by Select one: a. $160,000 to manufacture the part b. $40,000 to buy the part c. $150,000 to buy the part d. $50,000 to manufacture the part.

Answers

Answer: 40,000 to buy the part

Explanation:

Cost to buy : $55/ 10,000= 550,000


Cost to manufacture: (12+25+13+9)=59


The difference: $4/10,000= 40,000

Everfi understanding financial aid

Answers

Answer:

Their primary goal is To protect consumers by regulating financial products and services.

Without their regulations, many corporations that operate in financial services tend to do several things that would hurt the consumers such as doing inside tradings or not fully disclosing their financial situation by opening a fake corporation offshore.

hopefully im right

Explanation:

Calculate the simple interest and maturity vale. (do not round intermediate calculations. Round your answers to the nearest cent). principal $20,000 interest rate 6 3/4% time 9 months what is the simple interest? and what is the maturity value ?

Answers

The simple interest given the principal, time and interest rate is $1012.50.

The maturity value is $21,012.50.

What is the simple interest?

An amount earns simple interest only if the principal increases in value when interest is paid and not both the principal and the interest already accrued.

Simple interest = principal x time x interest rate

$20,000 x 9/12 x 0.0675 = $1012.50

Maturity value = $1012.50 + $20,000 = $21,012.50

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All of the following are criterion for team success when using collaboration IS except ______.
a) Completing the work on time
b) Satisfying experience
c) Completing the work within budget
d) Non- meaningful experience
e) Growth in team capability

Answers

The answer to your question is option C- Completing the work within the budget

All of the following are criteria for team success when using collaboration IS except Completing the work on time.

The answer is option A.

What factors improve teamwork and success?

Collaboration, cooperation, and opposition work collectively enhance teamwork, and as we improve in one place, it is able to result in blessings in any other, developing momentum so that it will lead us to optimal overall performance.

The six elements are role clarity, belief, activity pride, commitment to the company, motivation, and empowerment. If you observe any person in your group, you may describe your relationship with her or him by looking at: position readability: How clean it's far to this character what behaviors and tasks you assume.

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Question 2
What is the definition of financial bootstrapping?

Answers

Answer:

Bootstrapping is the process of building a business from scratch without attracting investment or with minimal external capital. It is a way to finance small businesses.

hope it helps...!!

Mitchell, Inc., is expected to maintain a constant 4.6 percent growth rate in its dividends, indefinitely. If the company has a dividend yield of 5.8 percent, what is the required return on the company's stock

Answers

The required return on the company's stock given the growth rate and the dividend yield is 10.4%.

What is the required return?

The required return is the return that investors demand for investing in a stock. The more risky a stock is, the higher the return demanded by investors.

Required return = dividend yield + growth rate

4.6% + 5.8% = 10.40%

Which one of the following statements concerning the random walk hypothesis is​ correct?
Question content area bottom
Part 1
A.
Stock prices in general follow repetitive patterns but the actions of individual investors are random in nature.
B.
Random price movements indicate that investors can earn abnormal profits on a routine basis.
C.
Stock prices respond to new information.
D.
Stock price movements are predictable but only over short periods of time.

Answers

Answer:

The answer C) Stock prices respond to new information

Explanation:

Randon walk hypothesis is a financial theory stating that stock market prices evolve on random basis. Stock prices cannot be predicted. It is consistent with efficient market hypothesis.

Which type of savings institution offers a range of services to its customers including savings accounts, checking accounts, and money market accounts, and also makes loans and investments and buys government bonds?

O A. Credit union
O B. Savings and loan institution
O C. Savings bank
O D. Commercial bank​

Answers

Answer:

commcommercial bank

Explanation:

Took the test

Individuals join groups for two primary reasons: to enjoy the company of others and to accomplish goals unattainable by themselves. True False

Answers

The given statement about the reasons why individuals join groups is True.

What is a Group?

This refers to the collection of individuals in unison to achieve a set goal or to expand their interests, leveraging on the network of other members.

Hence, we can see that the given statement that Individuals join groups for two primary reasons: to enjoy the company of others and to accomplish goals unattainable by themselves is true.

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In what classification of consumer products would you consider dominos pizza? Why?

Answers

Domino's pizza is classified as convinence products.

What are continence products?

Convinence products are products or items consumer buys frequently or consistent and at instant without much effort applied into it or minimum effort.

Therefore, Domino's pizza is classified as convinence products because it does not require much effort to get them and it is frequently purchased by consumers.

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BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 paid to its employee, and FICA
Medicare taxes are 1.45% of gross pay, For BMX, Its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid
to its employee.
of 3
Gross Pay through
August 31
$ 6,400
2,000
131,400
Gross Pay for
September
$ 800
2,100
8,000
b.
C.

Answers

BMX’s amounts for the taxes for September is:FICA - Social Security $49.60; FICA - Medicare $11.60; FUTA  $3.60; SUTA $32.40.

BMX’s amounts for each of the four taxes

a. FICA - Social Security  = $800 x 6.2% = $49.60

FICA - Medicare  = $800 x 1.45% = $11.60

FUTA  =$600 x 0.6% = $3.60

($7,000 - $6,400=$600)

SUTA = $600 x 5.4% = $32.40

($7,000 - $6,400=$600)

b. FICA - Social Security  = $2,100 x 6.2% = $130.20

FICA - Medicare  = $2,100 x 1.45% = $30.45

FUTA  = $2,100 x 0.6% = $12.60

SUTA = $2,100  x 5.4% = $113.40

c. FICA - Social Security =$6,300 x 6.2% =$390.60

($137,700 - $131,400)

FICA - Medicare =$8,000 x 1.45% =$116.00

FUTA  =$0 x 0.6% =$0

SUTA = $0 x 5.4%=$0

Inconclusion the BMX’s amounts for the taxes for September is:FICA - Social Security $49.60; FICA - Medicare $11.60; FUTA  $3.60; SUTA $32.40.

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0r2
Question 3
You've been saving and currently have $20,000 in a savings account earning 1.5% APR. What is the value after 10
years?.
You've been saving and currently have $20,000 in a savings account earning 1.5% APR. What is the value after 10
years?

Answers

Answer:

I believe for this particular equation you just want to use the equation for simple interest: I = P * r * t

Explantion:

I = Interest

P = principal

r = rate

t = time

change the rate: 1.5% into a decimal: 1.5/100 = .015 and plug in the values

I = 20,000 * (.015*10)

I = 20,000 * .15

I = 3000

add the interest to the principal to get the value after 10 years

20,000 + 3000 = 23,000

giving you $23,000 after 10 years.

kaizen is the process of

Answers

Answer:

Kaizen, or rapid improvement processes, often is considered to be the "building block" of all lean production methods. Kaizen focuses on eliminating waste, improving productivity, and achieving sustained continual improvement in targeted activities and processes of an organization.

Explanation:

Performance reports with more than one cost driver typically have more accurate variances than those based on one cost driver.
a) true
b) false

Answers

Answer:

true

Explanation:

I got it right lol

How can attending a community college help create a positive return on investment for higher education?

Answers

Attending a community college can give positive returns on investments for Higher Education (HE) in the form of affordable expenditures like the first two years are less expensive, and then you transfer to a four-year university.

What is the positive return contributed by a community college in HE?

Community colleges conclude that getting an associate degree enhances average wages when compared to just graduating from high school.

The annual wage difference between males and girls after obtaining an associate degree is 13 percent for males and 22 percent for females, a significant gain.

Two-year institutions are also more geographically accessible and have more flexible timetables, with certain courses available all year.

In addition, four-year students may be able to shorten their time to graduation by taking two-year courses during the summer or outside of regular class hours.

Therefore, The first two years are less expensive, and then you transfer to a four-year university.

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Part 2. Write True or False on the space provided.
1. Entrepreneurship is the process of creating wealth by devoting necessary effort and time.
2.Innovation extends form modification (radical innovation) up to the totally new (Incremental improvement ) of existing products.​

Answers

Answer:

I learnt this knowledge last month duribg my OBTE subject. And the answers are given below:-

TRUEFALSE

The given statement "entrepreneurship is indeed the process of creating wealth by devoting necessary effort and time" is True.

The entrepreneurship is to identify opportunities, take risks and initiate and manage a business venture. Entrepreneurs often develop innovative solutions, products, or services to meet market demands and their success is usually tied to their ability to create value and generate profits.

The statement "Innovation extends form modification (radical innovation) up to the totally new (Incremental improvement ) of existing products.​" is True.

Both types of innovation are crucial for sustaining growth and competitiveness in industries and successful businesses often employ a combination of both approaches to maintain a competitive edge in the market.

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Which is an example of an ethical decision?

Answers

Answer:

customer service representative taking responsibility for failing to follow through with a service action

#14 Diagnosis reference numbers are entered on the CMS-1500 claim to:

a. report mortality data
b. justify medical necessity
c. analyze quality of services provided
d. report morbidity data

Answers

Answer:

analyse quality of service provided .

Explanation:

The Diagonsis reference number is useful thingIt is used to determine the importance of service provided and the relationship with providers. It starts from primary diagnosis

Option C

Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign investment in the United States. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. Providing tax breaks and patents for firms that pursue research and development in health and sciences Increasing taxes on income from savings Imposing restrictions on foreign ownership of domestic capital Protecting property rights and enforcing contracts In less developed countries, what does the term brain drain refer to? Rapid population growth that lowers the stock of capital per worker The emigration of highly skilled workers to rich countries Rapid population growth that increases the burden on the educational system Lower productivity due to a malnourished workforce

Answers

If Yamahonda does this, it is an example of foreign direct investment in the United States.

The goals that are consistent with increasing productivity and growth are:Protecting property rights and enforcing contracts  In less developed countriesproviding tax breaks and patents for firms that pursue research and development in health and sciences.

What is brain drain?The emigration of highly skilled workers to rich countries.

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When a company cannot fully satisfy demand because of a constraint, which of the following describes an action that should NOT be taken?
A. Relaxing the constraint
B. Tightening the constraint
C. Investing to improve the capacity of the bottleneck
D. Reducing the number of defective units produced through the bottleneck

Answers

When a company cannot fully satisfy demand because of a constraint, the action that should not be taken is tightening the constraint. That is option B.

How does companies satisfy demands?

A successful company is always capable of satisfying their customers demands through the following ways:

By keeping in touch with their customers,

Listen to the complaints of their employees,

Address the feedback issues from their customers,

Evaluation of the identified issues and generation of a possible solution.

in order to successfully satisfy the demands the f their customers, they are not to tighten the constraint which would otherwise worsen the situation for them.

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