Answer:
Command
Explanation:
Based on the information given the East Germans were living with COMMAND economy.
COMMAND ECONOMY occur in a situation where people are be authoritated, instructed or directed to do something without giving them the right to Decide and acquired what they want , desire or wish to have.
A country economy can be tend to be classified as a COMMAND ECONOMY when the government of such country are in total controlled of the economy of the country just as in the case of East Germany.
Therefore East Germans were living with what COMMAND economy.
Answer:
23.07%
Explanation:
For computing the inflation rate first we have to determine the price index for 2011 which is shown below:
Price index for 2011 is
= (market basket of goods and services cost in year 2011) ÷ (market basket of goods and services cost in year 2009) × 100
= ($160) ÷ ($130) × 100
= 123.07%
Now the inflation rate is
= (Price index for 2011 - price index for 2009) ÷ (price index for 2009) × 100
= (123.07 - 100) ÷ (100) × 100
= 23.07%
And, the price index for 2009 is
= ($130) ÷ ($130) × 100
= 100%
1. Communication
2. Loyalty
3. Honesty
Trade discounts are offered to customers with high volume
orders in a specified date of payment. In the problem given, the estimated
price of the jacket is $50 but with 40% discount within 10 days of purchase.
Therefore, $50 * 40% = 20. The manufacturer will receive $30 which is the price
less discount.
Answer:
The profit expected from the two IPOs is $2887.5
Explanation:
For the overpriced IPO,1100 shares would be received and since the share was overpriced by $6.25, an instant loss of $6,875
($6.25*1100) is recorded.
For the under-priced IPO ,550 shares (1100 shares divided by 2) would be received and the immediate gain recorded is $9,762.5(550 *$17.75)
Overall the two portfolios, when taken together,give an immediate gain of $2,887.50(gain of $9,762.50 less loss of $6,875
)
This is power of portfolio diversification, that managing potential investment losses by spreading one's investment.