Answer:
The correct answer is option b.
Explanation:
Inflation refers to the continuous and sustained growth in the general price level. As the price level rises, it reduces the purchasing power or value of cash balances held by the consumers to reduce. This causes real income to decline.
A certain level of inflation is desirable in an economy to promote growth but a high rate of inflation is harmful. Inflation can be of several types such as
- Demand-pull inflation
- Cost-push inflation
There are several measures used to calculate inflation, for instance, the consumer price index. To correct inflationary pressures, a government uses contractionary fiscal and monetary policy.
The main character is Brian
I believe the answer is: one
The name of the government agency is Financial Service authority (FSA).
FSA would act as a <span>a quasi-judicial body that had the power to regulate the whole financial sector in united kingdom. Even though they are a part of government agencies, they do not work directly under any government official.</span>
Answer:
9.09%
Explanation:
Use Gordon growth model of stock valuation to find the required rate of return;
Price = D1/ (r-g)
this can also be written as 
whereby,
Price = $35.41
D0 = Current dividend = 1.38
D1 = Next year's dividend = 1.38(1.05) = 1.449
g = growth rate = 5% or 0.05 as a decimal
r = required return = ?
Rewrite the formula <em>"Price = D1/ (r-g) " </em>to find <em>r;</em>
r = 
r = 
as a percentage, the required return = 9.09%
