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Why has the free enterprise system been modified to include some government intervention?
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Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?
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Describe what fixed costs and marginal costs mean to a company.
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If the supply of loanable funds increases, what will happen to real interest rates and the international value of the u.s. dollar (usd)? real interest rates / international value of usd
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is the ability of a company to pay its debts as they mature. Liquidity Solvency Financial flexibilit...
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