The Fed's forward guidance in late 2012 through mid-2015 was framed in terms of keeping interest rates low
A) for an extended period.
B) at least until a particular date in the future.
C) based on outcomes for the unemployment rate and inflation rate.
D) until the next Presidential election.
C
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Increasing the federal budget deficit will contribute to increasing the federal government debt
Indicate whether the statement is true or false
If the interest rate is 7% and the tax rate is 15%, what is the after -tax cost of capital for the firm?
What will be an ideal response?
In general, the number of years it will take for income to double at the current real growth rate is approximately:
A. 70 divided by the growth rate. B. 7 times the growth rate. C. 50 divided by the growth rate. D. 5 times the growth rate.
If a machine cost $50,000 initially and is expected to last for 20 years but is worth $60,000 after one year because it is in short supply, an accountant most likely would say that:
A. during the first year the machine had no cost; it provided a revenue to the firm. B. the value of the machine will continue to increase 20 percent per year for the next 20 years. C. the machine's cost for each of its 20 years of existence is $3,000. D. the machine's cost for each of its 20 years of existence is $2,500.