Homework Answers
Answer :
Question 1) Option B: They would increase the quantity supplied of loan and increase the interest rate
Since there is more demand for loan so bank would like to supply more loan at higher interest rate for higher profit.
Question 2) Option C: Decrease the interest rate on their mortgage loans as the demand for traditional mortgage loan decreased.
Since as the interest rate decreases so would demand for loan increases since demand curve is negative sloped.
Add Answer to:
The current economy is strong and many people are feeling confident about their future and ability...
The current economy is strong and many people are feeling confident about their future and ability...
The current economy is strong and many people are feeling confident about their future and ability to pay off debt. Because of this they are taking on more bank loans for things like new cars, renovating their homes, or buying new homes. Using the four step process with this type of market, what will banks most likely do with their loans? They would to decrease the quantity supplied of loans and decrease the interest rate. They would increase the supply...
The current economy is strong and many people are feeling confident about their future and ability...
The current economy is strong and many people are feeling confident about their future and ability to pay off debt. Because of this they are taking on more bank loans for things like new cars, renovating their homes, or buying new homes Using the four step process with this type of market, what will banks most likely do with their loans? They would increase the supply of loans and decrease the interest rate. They would increase the quantity supplied of...
Question4 1 pts The current economy is strong and many people are feeling confident about their...
Question4 1 pts The current economy is strong and many people are feeling confident about their future and ability to pay off debt. Because of this they are taking on more bank loans for things like new cars renovating their homes, or buying new homes. Using the four step process with this type of market, what will banks most likely do with their loans? They would increase the quantity supplied of loans and increase the interest rate. O They would...
Online mortgage companies have been growing in numbers and size, and as a result, other things...
Online mortgage companies have been growing in numbers and size, and as a result, other things equal, traditional banks have to decrease the interest on their mortgage loans as the supply for all mortgage loans decreased increase the interest on their mortgage loans as the demand for all mortgage loans increased. O decrease the interest on their mortgage loans as the demand for traditional mortgage loans decreased.
I’m so confused on this one because none of the answers make sense to me. I...
I’m so confused on this one because none of the answers make
sense to me. I don’t understand how the equilibrium would decrease
if the mortgage decreased and interest rate increased. Do supply
and demand both shift or does just one shift? PLEASE GO INTO
DEPTH.
1.) Assume that you are examining the housing market. In recent months, the equilibrium quantity of free-standing homes (not rental apartments) has decreased. Over the same period, the cost of materials used to build...
What is the term for the record of all foreign purchases or assets in the domestic...
What is the term for the record of all foreign purchases or assets in the domestic economy and domestic purchases of assets abroad? a. the current account b. the net secondary income c. the balance of trade d. the capital account Which of the following would cause a decrease in the exchange rate of the Canadian dollar? a. a decrease in the amount of foreign debt purchased by Canadian citizens b. an increase in Canadian imports c. an increase in...
A news story from 2017 about the oil market stated, "crude oil prices fell... in part...
A news story from 2017 about the oil market stated, "crude oil prices fell... in part [due to] renewed concems about the global supply glut. Source: Paul Ebeling, "Crude Oil Prices Falling, Traders Worry About Global Supply Glut," livetradingnews.com, March 27, 2017. a. In referring to a "global glut," the article describes the result of a significant O A. increase in supply of, relative to the demand for, crude oil O B. increase in demand for, and the supply of,...
If an economy has aggregate price levels that are increasing, but the wage rate stays the...
If an economy has aggregate price levels that are increasing, but the wage rate stays the same because of downward wage stickiness, what would be the economic consequences? New businesses would enter the economy, hire employees and as a consequence the quantity of real GDP supplied would increase. Business would fire some employees as labor becomes too expensive and the quantity of real GDP supplied would decrease. Business would need to hire more employees and the quantity of real GDP...
Figure 15-3 27) Refer to Figure 15-3. In the figure above, the movement from point A...
Figure 15-3 27) Refer to Figure 15-3. In the figure above, the movement from point A to point B in the money market would be caused by A) an increase in the price level. B) a decrease in real GDP C) an open market sale of Treasury securities by the Federal Reserve. D) a decrease in the required reserve ratio by the Federal Reserve. 28) If the Fed buys Treasury bills, this will hopefully shift the A) money supply curve...
1. The interest rate in the federal funds market: a. is an interest rate that is...
1. The interest rate in the federal funds market: a. is an interest rate that is largely unaffected by the policies of the Fed. b. will fall if the Fed sells bonds and, thereby, reduces the reserves available to banks. c. is determined by the imposition of price controls imposed by the Fed. d. rises when the quantity of funds demanded by banks seeking additional reserves exceeds the quantity supplied by banks with excess reserves. 2. If there is a...
The current economy is strong and many people are feeling confident about their future and ability to pay off debt. Because of this they are taking on more bank loans for things like new cars, renovating their homes, or buying new homes Using the four step process with this type of market, what will banks most likely do with their loans? They would increase the supply of loans and decrease the interest rate. They would increase the quantity supplied of...
Question4 1 pts The current economy is strong and many people are feeling confident about their future and ability to pay off debt. Because of this they are taking on more bank loans for things like new cars renovating their homes, or buying new homes. Using the four step process with this type of market, what will banks most likely do with their loans? They would increase the quantity supplied of loans and increase the interest rate. O They would...
Online mortgage companies have been growing in numbers and size, and as a result, other things equal, traditional banks have to decrease the interest on their mortgage loans as the supply for all mortgage loans decreased increase the interest on their mortgage loans as the demand for all mortgage loans increased. O decrease the interest on their mortgage loans as the demand for traditional mortgage loans decreased.
I’m so confused on this one because none of the answers make
sense to me. I don’t understand how the equilibrium would decrease
if the mortgage decreased and interest rate increased. Do supply
and demand both shift or does just one shift? PLEASE GO INTO
DEPTH.
1.) Assume that you are examining the housing market. In recent months, the equilibrium quantity of free-standing homes (not rental apartments) has decreased. Over the same period, the cost of materials used to build...
A news story from 2017 about the oil market stated, "crude oil prices fell... in part [due to] renewed concems about the global supply glut. Source: Paul Ebeling, "Crude Oil Prices Falling, Traders Worry About Global Supply Glut," livetradingnews.com, March 27, 2017. a. In referring to a "global glut," the article describes the result of a significant O A. increase in supply of, relative to the demand for, crude oil O B. increase in demand for, and the supply of,...
Figure 15-3 27) Refer to Figure 15-3. In the figure above, the movement from point A to point B in the money market would be caused by A) an increase in the price level. B) a decrease in real GDP C) an open market sale of Treasury securities by the Federal Reserve. D) a decrease in the required reserve ratio by the Federal Reserve. 28) If the Fed buys Treasury bills, this will hopefully shift the A) money supply curve...
Most questions answered within 3 hours.
-
Compare and contrast the linear motion and angular motion
equations F ma and . That is,...
asked 23 seconds ago -
Now that this course has taken you on a journey of introduction
to the world of...
asked 40 minutes ago -
Given a regression sum of squares equal to 2373.59 and a total
sum of squares equal...
asked 54 minutes ago -
The sandwich maker of the EE-Cole-Eye Sandwich Truck was just
fired (for a reason described below)...
asked 3 hours ago -
Name the following coordination compounds using systematic
nomenclature.
1. [Co(H2O)6]Cl2:
2. [Cr(NH3)6](NO3)3:
3. K4[Fe(CN)6]:
4. Na[Au(CN)4]:...
asked 2 hours ago -
Propose an efficient synthesis of 2-Bromo-5-nitrotoluene from
benzene. Hint: 3 steps. Consider directing effects of substituents....
asked 4 hours ago -
This assignment will explore the impact of corporate decisions
on a local versus a global perspective....
asked 3 hours ago -
Given the function below, F(w,x,y,z)= x’z+w’z’+w’y
a) draw a logic diagram for an implementation which uses...
asked 3 hours ago -
Most political philosophers believe we have a duty to obey laws,
even if the laws in...
asked 4 hours ago -
Which of the following are common negotiation outcome
mistakes?
a. Leave money on the table b....
asked 4 hours ago -
Convert the following quantities:
a) 0.819 atm to torr b) 512 mmHg to bar c) 11.2...
asked 5 hours ago -
C ++ Implement cat command
The purpose of this assignment is to provide practice using the...
asked 5 hours ago