The answer is: Surplus
A surplus occurs when the number of a certain type of goods or assets exceed the number of people who are willing to use them.
This type of situation most often occurs when resources are abundances and the people have enough income to buy the goods without sacrificing their basic needs.
Answer
The demand for land will increase. and the price of land will increase.
The investments today’s worth is $203001.61.
We have to calculate the future value of the investments. So we can use the formula,
A=P (1+r/100)ⁿ
Where, A stands for future value, P stands for Present value, R stands for Interest rate, n stands for Time period.
Interest rate (r) = 5%= 0.05 and Time period is from 1912 to 2020 so, it is equals to 108 years. (2020-1912year)
On putting the values in the above formula we get,
A = 1000× (1+ 5/100)^108
=1000*203.001612
=$203001.61
The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). The future value calculation enables investors to forecast, with varying degrees of accuracy, the amount of profit that can be generated by various investments.
Investors and financial planners use the future value to estimate how much an investment made today will be worth in the future. The future value equation is used to assess various possibilities since the growth produced by holding a given amount in cash will probably differ from that produced by investing that same amount in equities.
To learn more about future value, refer this link.
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Answer:
The correct answer is Legal.
Explanation:
A legal problem is a dispute that must be resolved within the framework of current law. When the same is submitted to a judge's decision, the obligation to motivate it is usually imposed. This requires defining the dispute based on the normative and factual statements that are introduced by the parties in the process, supported by hermeneutical consensus and / or evidence. When the judge has the full normative and factual information - and their respective interpretative and probative grounds -, he is in a position to formulate the problem. This then has a double component: the normative, which refers to the general aspect of the controversy and states the topic on which the debate will turn, and the factual one, which indicates the characteristics of the case that give the particular hermeneutical turn to the general theme.