Answer:
A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand.
Disadvantages:
A tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation.Since profit maximization is the biggest motivation for firms, they may try to reduce their costs unethically. Unemployment and Inequality.
A key difference between affirmative action and diversity is that <span>diversity has a broader focus, while affirmative action does not.
Affirmative action is an action that is favoring someone that faces discrimination regarding employment or education. Affirmation action helps with positive discrimination. Diversity is the range of different people and credentials each person has. Being diverse in an organization is what helps keep the company running smoothly with different options and outlooks on how to properly go about things.
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Answer:
Explanation:
Given data:
Amount of currency held = $1347 billion
checkable deposit $1347 billion
saving deposit $8189 billion
small time deposit $400 billion
market fund $709 billion
Saving deposit in the form M2 and M1
M_1 = currency held as individual and traveller check + checkable deposit
= $1347 + $1764
M_2 = M_1 + saving deposit _ time deposit + maket funds
= $3111 + $8189 + $400 + $709
Answer:
PV=$15,500,000
Explanation:
To know the present value (PV) of the winnings we use the following formula:
PV= (F1/(i-g))*FC
F1= Payment in t=1 ( In this case it is $1,000,000 because you will receive it in one year)
i= interest rate (or discount rate: 6%)
g= growth rate (2%)
n= number of periods (25)
FC= 1-[(1+g)/(1+i)]^(n)
We replace in the formula:
FC= 1-[(1+2%)/(1+6%)]^(25)
FC=1-[0.382]
FC= 0.618
Rounded to 2 decimal places
FC= 0.62
PV=(1,000,000/(6%-2%))* 0.62
PV=(25,000,000)*0.62
PV=$15,500,000