All categories

4 years ago

What's the best definition of financial literacy

Business

2 answers:

rodikova [14]4 years ago

5 0

The efficient and effective management of money.

Kisachek [45]4 years ago

4 0

Financial Literacy is the capability and understanding of money and can manage it.

You might be interested in

What recent StuffDot actions have added to its user-friendliness

8090 [49]

Answer:

In simple words, The stuffdot recently undergone several measures to render it app friendlier. Both systems, whether browsers or Android or iOs, have the same functionality introduced through stuffdot. The app will now utilise stuffdot wherever, every time.

We also now introduced additional categories of apps such as store page, browse stores, and offers on dotting as well as incentive status that are categorised into lifelong, uncollected, and existing incentives. Thus all these additional versions made this same stuffdot user-friendlier.

5 0

3 years ago

A country's travel exports (good and services that international travelers buy while visiting the country) are increasing exp

nasty-shy [4]

Answer:

(a)In 2018, V(t)=$207.05 billion

In 2020, V(t)=$246.90 billion

(b)The export growth rate in 2018 is $18.22 billion per year

The export growth rate in 2020is $21.73 billion per year

Explanation:

The value of exports, t years after 2011 can be approximated by:

$V(t)=111.83 e^{0.088 t}$

(a)We want to estimate the value of the country's travel exports in 2018 and 2020.

Now, 2018-2011=7 years

Therefore, in 2018

$V(7)=111.83 e^{0.088 *7}\\=\$207.05$ billion$

Now, 2020-2011=9 years

Similarly, in 2020

$V(9)=111.83 e^{0.088 *9}\\=\$246.90$ billion$

(b)Growth rate

If $V(t)=111.83 e^{0.088 t}$ , then:

$V'(t)=111.83(0.088) e^{0.088 t}\\V'(t)=9.84104 e^{0.088 t}$

Growth rate in 2018 (at t=7)

$V'(7)=9.84104 e^{0.088*7}\\=\$18.22$ billion per year$

Growth rate in 2020 (at t=9)

$V'(9)=9.84104 e^{0.088*9}\\=\$21.73$ billion per year$

5 0

3 years ago

The major difference between nominal gdp and real gdp is that

Ksivusya [100]

Nominal GDP is the market value and real GDP has been adjusted for inflation.

3 0

3 years ago

Read 2 more answers

If a firm's average total cost is less than price where MR = MC,

bekas [8.4K]

Answer:

C. the firm should produce if its price exceeds average variable cost.

Explanation:

WHen average total cost is less that price, this means you are making a profit, and since they are in the equilibrium sate with Margina revenue being equal to marginal cost, they are in the sweet spot of production, so the only thing left for them is producing if its price exceeds average variable cost, and that would maximize their profits.

3 0

3 years ago

What is the name of piece above? a. the raft to nowhere b. raft of the medusa c. the raft of the dead d. the rage of medusa

Alecsey [184]

The name which was given to the piece in the image attached below is: B. Raft of the Medusa.

<h3>What is Raft of the Medusa?</h3>

Raft of the Medusa can be defined as a piece of art (oil painting) which was designed by French Romantic painter Théodore Géricault between 1818and 1919, so as to illustrate the tragic wreck of the French frigate Medusa that was heading to Senegal.

In conclusion, Raft of the Medusa is the name that was given to the piece in the image attached below.

Read more on Raft of the Medusa here: brainly.com/question/3581527

#SPJ4

6 0

2 years ago