Since he is planning on an annual inflation rate of 2%., the statement that explains the interest rates relating to the CD is nominal interest rate is 3% while the real interest rate is 1%.
A real interest rate refers to the nominal rate which is adjusted for inflation.
- We are given that Interest (nominal rate) is 3% and planned Inflation rate = 2%
- Real interest rate = 1% (Nominal rate - inflation rate)
Hence, the statement that explains the interest rates relating to the CD is nominal interest rate is 3% while the real interest rate is 1%.
Therefore, the Option B is correct.
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Answer:
Global product division structure.
Explanation:
A Global product division structure is a business structure where the central headquarters controls the activities of it's branches which are located in different countries, especially when it involves key decision making process in the business.
The various member branches of the global product division structure has a manager who supervises the daily runnings of the business and gives a report back to it's central headquarters.
If demand for a good is extremely elastic, raising the price of that good typically has what effect on total revenue--- decreases
If demand is elastic at a given price level, then should a company cut its price, the percentage drop in price will result in an even larger percentage increase in the quantity sold—thus raising total revenue. However, if demand is inelastic at the original quantity level, then should the company raise its prices, the percentage increase in price will result in a smaller percentage decrease in the quantity sold—and total revenue will rise.
Demand elasticity :
Demand elasticity is the change in quantity demanded per change in a demand determinant. Although there are several demand determinants, such as consumer preferences, the main determinant with which demand elasticity is measured is the change in price. Businesses are particularly interested in price elasticity, since it measures by how much total revenue changes with the price.
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Answer:
A. Eurobond Market
Explanation:
Eurobonds are international bonds issued by European governments and companies but are denominated in a currency other than the issuer. They are also known as external bonds which are debt instruments denominated in a currency other than the home currency of the country it was issued at. The Externak bonds markets comprises of banks, borrowers, investors, trading agents and so on, all of whom who buys and sells in Eurobonds.
Answer: monitoring, management of personal resources, time management
Explanation: