Envy Rides Incorporated is owned by Mr Hessels and he is planning a renovation and an expansion to attract more customers and to keep the image of Envy’s Rides Inc. as high as possible. In order to make this plan possible, Mr Hessels asked for a loan to the Genesis Bank of Canada. He requested a $60.000 long-term loan for a partial renovation for his dealership and for the tattoo extension to his shop. The second is a capital loan of $450.000 for the day-to-day operations of his motorsport recreational dealership.
Envy Rides was a success due to the business talent of Mr Hessels. Because of the growing demand for Envy Rides Mr Hessels invested in Envy Rides Inc. in 2008 with an expansion and a new relocated…show more content… 24 2.2.1 Monetary policy ........................................................................................................................ 24 2.2.2 Short-term and Long-term Real and Nominal Interest Rates ................................. 25 2.2.3 Real and Nominal Money Supply ....................................................................................... 26 2.3 Aggregated Goods Market ............................................................................................................. 27 2.3.1 GDP, NNI and Business Cycle............................................................................................... 27 2.3.2 Fiscal Policy and Taxation .................................................................................................... 29 2.3.3 Government Expenditure ..................................................................................................... 29 2.3.4 Government Deficit ................................................................................................................. 30 2.3.5 Private Investment .................................................................................................................. 31 2.3.6 Consumption .............................................................................................................................. 32 3
