Sandra waterman purchased a 52-week, $1,000 t-bill issued by the u. s. treasury. the purchase price was $996. (a) what is the amount of the discount? discount amount $ 4 (b) what is the amount ms. waterman will receive when the t-bill matures? amount received $ (c) what is the current yield for the 52-week t-bill

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.