Salt and Pepper plan on retiring 27 years from today and plan to have the same amount saved at that time. In preparation for this, Salt is depositing $15,000 today at an annual interest rate of 5.2 percent. How will Pepper’s deposit amount vary from Salt’s if Pepper also makes a deposit today but earns an annual interest rate of 6.2 percent? Multiple Choice $3,417.09 more $3,381.39 less $4,333.33 less $4,274.12 less $4,118.42 more

d. low interest rates

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the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.