Individuals who do not pay off their credit card balances each month are known as which of the following

What is one example of a planned economy?

Daniel [21]

Answer:

socialist economy

Explanation:

A planned economy is a system where the government or the central authority makes all major economic decisions. The government decides on the type and quantities of goods to produce and for whom to produce. In the planned economy, factors of production belong to the government. Manufacture of goods and services is motivated by service to the community, not profits.

A socialist economy is a good example of a planned economy. Just like in a planned economy, a socialist economy is characterized by heavy government involvement. The state controls the factors of production. Public service is the reason for economic production, while consumers do not have the liberty to choose products.

6 0

3 years ago

Stock A has an expected return of 17.8 percent, and Stock B has an expected return of 9.6 percent. However, the risk of Stock A

MrRissso [65]

Answer:

13.70%

Explanation:

The expected return of a portfolio is said to be the weighted average of the returns of the individual components,

Given that:

Stock A has an expected return = 17.8%

Stock B has an expected return = 9.6%

the risk of Stock A as measured by its variance is 3 times that of Stock B.

If the two stocks are combined equally in a portfolio;

Then :

The weight of both stocks will be 50% : 50 %

So the portfolio's expected return can be determined as follows:

Expected return for stock A = 50% × 17.8%

Expected return = 0.50 × 17.8%

Expected return = 8.9 %

Expected return for stock B = 50 % × 9.6 %

Expected return for stock B = 0.50 × 9.6%

Expected return for stock B = 4.8%

Expected return of the portfolio = summation of the expected return for both stocks

Expected return of the portfolio = 8.9 % + 4.8%

Expected return of the portfolio = 13.70%

3 0

3 years ago

Sally brings home $50,000 a year to help provide financial support to her family, comprised of her husband and two children. She

svp [43]

Answer:

$386,080

Explanation:

In order to find the Coverage of sally's investment in life insurance for 10year can be done by making 10-year table

Year Cashflow Discount factorI5%) Present Value

$ $ $

1 50,000 0.9524 47,620

2 50,000 0.9070 45,350

3 50,000 0.8638 43,190

4 50,000 0.8337 41,135

5 50,000 0.7835 39,175

6 50,000 0.7462 37,310

7 50,000 0.7107 35,535

8 50,000 0.6768 33,840

9 50,000 0.6446 32,230

10 50,000 0.6139 30,695

NPV = Sum of all present values

NPV = $386,080

3 0

3 years ago

Two people see the same thing at the same time yet interpret it differently. In this situation, factors that operate to shape th

defon

Answer:

The answer is A) perceivers

Explanation:

it resides in the perceivers and not in the out side world. This could mainly be due to their different upbringing, social status, education level, religious and cultural factors they have been exposed to and their past experiences.

7 0

3 years ago

Joe Chin bought a house for $180,000. He made a 20% down payment. Joe secured a loan for the balance of the purchase price at 6.

dusya [7]

Answer:

the monthly payment is $910.18

Explanation:

The computation of the monthly payment is shown below:

Given that

PV = $180,000 - 20% of $180,000 = $144,000

NPER = 15 × 120 = 360

RATE = 6.5% ÷ 12 = 0.541666%

FV = $0

The formula is shown below:

=PMT(RATE;NPER;PV;FV:TYPE)

The present values comes in negative

After applying the above formula, the monthly payment is $910.18

4 0

3 years ago