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Question - Blossom Corporation began operations in 2021. An analysis of Blossom's debt securities portfolio acquired in 2021 shows the following totals at December 31, 2021 for trading and available-for-sale debt securities:
Trading Securities Available-for-Sale Securities Aggregate cost $190000 $230000
Aggregate fair value 174000 205000
Required - What amount should Blossom report in its 2021 income statement for unrealized holding loss?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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