We are coming off the lowest interest rates in Canadian history right now. Rates have to go up from here, there is no doubt in the financial experts minds. The only thing that would stall this rate increase would be some real financial hardships in the future, and that may even backfire and raise rates. This being said if you ever wanted to lock your mortgage in this would be the time to do it. Sooner the better in my opinion. As for the effect on the Real Estate Market the increase in rates will cause a few buyers to rethink their future purchase BUT it will be temporary as we are still below the average fixed and variable rates and as the shock of any significant rate increase passes people will realize that the rates are still not that bad. If the rates start approaching double digits THEN we will see a significant effect on the Real Estate market. I hope this info helps, if you or any reader would like to discuss this topic or another in more detail please don`t hesitate to give me a call anytime. Abraham Niyazi - Mortgage Agent - Lic# M08010640 - Centum One Financial Lic# 10758 - Cell: 416-993-4082 - Office: 1-866-RATE-708 x 115 http://www.centum.ca/abraham_niyazi/ I have access to Banks/Lenders across Canada and 11 years experience in the industry.

The BOC overnight lending rate dictates the prime rate. Currently (August 2011) overnight lending is 1% and prime is set at 3%. You still get discounted rates for mortgages like Prime minus 0,75% or 2.25%. Every time overnight lending rate changes, prime rate and discounted variable rates changes. This also applies to your personal line of credit where you would get prime plus 3% or 6% and the like.

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1.from the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that a.bond interest is deductible for tax purposes. b.interest must be paid on a periodic basis regardless of earnings. c.income to shareholders may increase as a result of trading on the equity. d.the bondholders do not have voting rights. 2.which of the following is not an advantage of issuing bonds instead of common shares? a.shareholder control is not affected. b.earnings per share may be lower. c.income to common shareholders may increase. d.both b and c are advantages to issuing bonds instead of common shares. 3.investors who receive cheques in their names for interest earned on bonds must hold a.registered bonds. b.coupon bonds. c.bearer bonds. d.direct bonds. 4.which of the following statements pertaining to fixed-rate, long-term notes payable is correct? a.blended payments result in the same amount of principal being paid at every payment date. b.when blended payments are made, a progressively larger portion of the payment goes toward the principal while a progressively smaller portion of the payment goes toward the interest. c.when blended payments are made, a progressively smaller portion of the payment goes toward the principal while a progressively larger portion of the payment goes toward the interest. d.blended payments do not apply to long-term notes payable. 5.the contractual interest rate of the bombardier bonds is a.less than the market rate of interest. b.greater than the market rate of interest. c.equal to the market rate of interest. d.not determinable. 6.the interest expense recorded on an interest payment date is increased a.by the amortization of premium on bonds payable. b.by the amortization of discount on bonds payable. c.only if the bonds were sold at face value. d only if the market rate of interest is less than the stated rate of interest on that date. 7.torrez corporation issues 1,000, 10-year, 8%, $1,000 bonds dated january 1, 2007, at 97. the journal entry to record the issue will show a a.debit to cash for $1,000,000. b.credit to discount on bonds payable for $30,000. c.credit to bonds payable for $970,000. d.debit to cash for $970,000. 8.over the term of the bonds, the balance in the discount on bonds payable account will a.fluctuate up and down if the market is volatile. b.decrease. c.increase. d.be unaffected until the bonds mature. 9.a $300,000 bond was retired at 98 when the carrying value of the bond was $296,000. the entry to record the retirement would include a a.gain on bond redemption of $4,000. b.loss on bond redemption of $2,000. c.loss on bond redemption of $4,000. d.gain on bond redemption of $2,000. 10.a lease where the intent is temporary use of the property by the lessee with continued ownership of the property by the lessor is called a.off-balance sheet financing. b.an operating lease. c.a capital lease. d.a purchase of property.

1.From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that b.interest must be paid on a periodic basis regardless of earnings. 2.Which of the following is not an advantage of issuing bonds instead of common shares? b.Earnings per share may be lower. 3.Investors who receive cheques in their names for interest earned on bonds must hold a.registered bonds. 4.Which of the following statements pertaining to fixed-rate, long-term Notes Payable is correct? b.When blended payments are made, a progressively larger portion of the payment goes toward the principal while a progressively smaller portion of the payment goes toward the interest. (Blended Payment Method All monthly mortgage payments are identical, each being comprised of part principal and part interest on the outstanding debt for the chosen term. Early monthly payments by this method are mostly composed of interest, but as amortization progresses, successive payments will consist of less interest and more principal, and the later payments will be composed almost entirely of principal.) 5.The contractual interest rate of the Bombardier bonds is a.less than the market rate of interest. 6.The interest expense recorded on an interest payment date is increased b.by the amortization of discount on bonds payable. 7.Torrez Corporation issues 1,000, 10-year, 8%, $1,000 bonds dated January 1, 2007, at 97. The journal entry to record the issue will show a d.debit to Cash for $970,000. 8.Over the term of the bonds, the balance in the Discount on Bonds Payable account will b.decrease. 9.A $300,000 bond was retired at 98 when the carrying value of the bond was $296,000. The entry to record the retirement would include a d.gain on bond redemption of $2,000. 10.A lease where the intent is temporary use of the property by the lessee with continued ownership of the property by the lessor is called b.an operating lease.

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1. which of the following is not likely to shift the supply curve for all uses of labor? a. a change in the wage b. a change in the mandatory-retirement laws c. a change in a country's customs regarding work d. a change in the labor-force participation rate e. a change in age distribution of the labor force 2. which of the following factors does not affect the supply of general motors stock? a. the expected returns on daimler-chrysler stock b. the prevailing interest rates of the economy c. news revealing that the price of all stocks will fall in the near future d. news revealing that general motors returns are going to decrease in the future e. all of the above will affect the price of the stock. 3. what do the demand and supply curves for a specific company's stock look like? a. the demand curve slopes up, and the supply curve slopes down. b. the demand curve slopes down, and the supply curve slopes down. c. the demand curve slopes down, and the supply curve slopes up. d. the demand curve slopes up, and the supply curve slopes up. e. the demand curve slopes down, and the supply curve is vertical. 4. in the market for a nonrenewable resource, a. the supply curve is negatively sloped. b. a decrease in the accessibility of the resource will shift the supply curve to the left. c. a decrease in the accessibility of the resource will shift the demand curve to the left. d. an increase in the accessibility of the resource will shift the supply curve to the left. e. an increase in the accessibility of the resource will shift the demand curve to the left. 5. in a market system, incomes are distributed according to a. the fairest possible manner to members of society. b. whoever desires them the most. c. who owns resources. d. minimum wage law. e. government fiat. 6. suppose that you are a relatively low-income taxpayer. which of the following taxes would you prefer? a. an asset-based property tax b. a regressive employment tax c. a proportional sales tax d. a progressive income tax e. a poll tax

Ok here it goes 1. e 2. e 3. b 4. c 5. d 6. c Good luck been awile since economics class but thats what I would pick

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1.who pioneered the concept of assembly line production? a.henry ford b.adam smith c.stuart mill d.eli whitney 2.what can the government do if it needs land that we own for social development? a.purchase it at a price slightly below market value b.request purchasing rights from the owner c.purchase it at a fair market price d.commandeer the property at no cost 3.a copyright is a legal right to _____________. a.reference written works with proper citation b.duplicate written works owned by other individuals c.restrict duplication of a written work d.obtain written works for use in a library or school 4.a patent is a legal right to _____________. a.restrict sale of a unique design or product b.demand payment for use of inventions c.sell a product similar to one which already has a copyright d.restrict duplication of a written work 5.who benefits from healthy competition among businesses? a.the advertiser b.the consumer c.the employer d.the laborer 6.which of the following plays a role in keeping prices down? a.child labor laws b.minimum wage c.international tariffs d.competition 7.which economist believed that a nation should import materials that it can get for less cost than it would take to produce those materials on its own? a.david ricardo b.john maynard keynes c.thomas malthus d.adam smith 8.what is an embargo? a.a law making it illegal to purchase certain goods or services b.a government enforced sanction against trading with another nation c.an internal government tax on goods sold from state to state d.a government tax on imported goods from another nation 9.which governmental style would most easily promote a totally free market economy? a.communism b.monarchy c.democracy d.anarchy 10.why is it important for nations to engage in the global economy? a.it can import goods for less than it would take to make them b.it can regulate trade between other nations c.it can increase its own natural resources d.it can tax countries for importing goods 11.a bear market is a time when stock values ________________. a.fluctuate rapidly b.go up c.remain steady d.go down 12.a bull market is a time when stock values ______________. a.go down b.go up c.fluctuate rapidly d.remain steady 13.what happens when a product is recalled? a.it is taken off shelves and purchases are asked to be returned b.it is brought back into the market after having been off the market c.it is made illegal to purchase d.it is banned by local retailers 14.what tax is most devastating to farmers? a.property tax b.pesticide tax c.sales tax d.agricultural tax 15.what economic issue frequently separates the two biggest american political parties? a.the sales tax b.interest rates c.tax cuts d.import tariffs 16.what is one good thing about increased road production? a.increased job security b.increased government spending c.increased employment rates d.increased productivity 17.which utility bill would rise for homeowners if natural gas prices were on the rise? a.the heating bill b.the phone bill c.the electric bill d.the water bill 18.what factor most directly affects the cost of natural gas? a.trade embargos b.supply and demand c.inflation d.import tariffs 19.why don’t industrial companies favor environmental regulation? a.it increases decreases the profit margin b.it increases the cost of employing workers c.it increases production cost d.it decreases productivity 20.what issue would the epa be most concerned with? a.traffic jams b.international tariffs c.smog d.pot holes

1 henry ford 2 depending on the country any or all of the 4! if the US b or c 3 c 4 a and b 5 b 6 d and that is enough for one question