Answer:
1. command
2. socialism
3. communism
Explanation:
1. Communist countries usually have command economies.
2. A command economy that still allows private property and ownership is called a socialism.
3. A command economy in which the government controls everything is called communism.
Answer:
$300,000
Explanation:
Data provided in the question:
Amount the painter would like to spend on a respirator = $30
Chances of paint fume killing the painter = 0.01%
Now,
The cash value he places on the life of painter
= [ Amount spent on respirator ] ÷ [ Probability of death ]
or
= 30 ÷ 0.01%
or
= 30 ÷ 0.0001
or
= $300,000
False should be the answer
Answer:
C. $200 net loss
Explanation:
The net loss or gain is calculated on hedging to determine whether the hedge has been beneficial for the company or not. Hedging is a process to transfer exchange rate movement risk. This is usually suitable for the companies who have receipts or payments in foreign currencies.
The hedging gain loss can be calculated as:
Forward rate at the time of contract - spot rate today
$1.21 - 1.232 = 0.0232