Given that <span>Patrick
graduated from college five years ago. He has set up an emergency fund
and has been paying off his student loans. In addition, he participates
in the retirement plan offered by his employer. He wants to invest $75
per month in very small companies (capitalization between $50 and $300
million or less).
He should purchase micro cap stocks.
</span>M<span>icrocap refers to the stock of public companies in the United States which have
a market capitalization of roughly $50 million to $300 million.</span>
The False statement about BRICS is The BRICS countries have joined together to form a trading bloc.
Brazil, Russia, India, China, and South Africa are the five major emerging economies that make up the term BRICS. The governments of the BRICS states have had formal summit meetings every year since 2009. On July 24, 2022, China virtually held the most recent 14th BRICS meeting.
The BRICS Forum was established in 2011 as an independent international group promoting collaboration in business, politics, and culture between the BRICS countries. The BRICS mechanism aims to promote peace, security, development and cooperation.
To know more about BRICS visit the link:
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Answer:
a. A 1% increase is a positive output gap decreases the unemployment rate by 0.5%
Explanation:
Okuns law looked at the relationship between unemployment and output empirically.
It states that that for every 1% increase in the unemployment rate, positive output gap falls by roughly 2%.
I hope my answer helps you.
Answer:
$926,000
Explanation:
For computing the initial cost of the warehouse project, we consider the current value of the land i.e represent the opportunity cost and the land value which is purchased six years ago for $874,500 represent the sunk cost which is not recoverable now. So, this sunk cost is not relevant.
And, the lease cost is also not relevant as the lease period will be ended soon.
All other information which is given is not relevant. Hence, ignored it