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Saved estion 4 14 points) In September 2015. the unemployment rate was 7.0 percent, the inflation rate was 0.1 percent, and the overnight loans rate

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Saved estion 4 14 points) In September 2015. the unemployment rate was 7.0 percent, the inflation rate was 0.1 percent, and the overnight loans rate target was 0.5 percent. In September 2017, the unemployment rate was 6.2 percent, the inflation rate was 1.4 percent, and the overnight loans rate target was 1.0 percent. 1. What will the Bank of Canada decide to do with the Overnight Loans Rate in December 2017? Increase or decrease? 2. Which economic indicators in the article above) are responsible for this action? Explain why? 6 Question 1 (1 point) On January 1, 2018. Hilton Inc. received a $100,000, 5%, 10-year bank loan. Payments are fixed principal payments plus interest, due on a semi-annual basis. What is the amount of the principal reduction? 9 $5,000 each semi-annual period $7.500 each semi-annual period $2,500 cach semi-annual period S4812 in 2018 Question 21

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