Answer:
mixed
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.
Basically, there are four (4) main types of economy and these are;
I. Command economy.
II. Free market economy.
III. Traditional economy.
IV. Mixed economy.
A mixed economy can be defined as a type of economy in which the government of a particular country is minimally involved in the allocation and production of goods and services while protecting the interest of the consumers and regulating the market by establishing laws.
Hence, when the government is minimally involved in the economic functioning of her country but does act to protect consumer interests and impose some regulations or sanctions on the market, this is referred to as a mixed economy.
Competent" or "competency" means mental ability to stand trial. ... A person is mentally incompetent to stand trial if he or she is unable to understand the character and consequences of the proceedings against him or her or is unable properly to assist in his or her defense; (b) Presumption of competency.
Answer:
15.55%
Explanation:
Calculation for the required rate of return for Mudd Enterprises
Using this formula
Required rate of return=Risk free rate+(Market risk premium +Stock beta)
Let plug in the formula
Required rate of return=(3.7%+1.5%)+4.5%(2.3)
Required rate of return=5.2%+0.1035
Required rate of return=0.1555*100
Required rate of return=15.55%
Therefore the Required rate of return is 15.55%
Answer:
rate = 1.3085%
Amount after 10 years with no withdrawals nor deposits : 2,277.66
Explanation:
the formula for compound interest is as follow:
We plug our values and solve for rate:
r = 2,026.17 /2,000 - 1 = 0.013085 = 1.3085%
in ten years we have:
Amount = 2,277.66