Consumers are most likely to find the best prices in an oligopoly
Answer:
$9,700
Explanation:
The computation of the consumption is shown below;
= Durable goods + Services + Non-durable goods
= $3,000 + $6,000 + $700
= $9,700
We simply added the durable goods, services and the non-durable goods so that the consumption could be come
Hence, the consumption is $9,700
Therefore the same is to be considered
Answer:
MORE| JOBS RISES THE MORE INCOMES.
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Explanation:
Answer: See explanation
Explanation:
Based on the information given, we should note that the bond will trade at par at $1000 after six month
The holding period return will be:
= [ P1 - P0] / P0
= [ 1000 - 896.81 ] / 896.81
= 103.19 / 896.81
= 0.1151
= 11.51%
Then, the Annualized rate will be:
= HPR at 6 Months / 6/12
= HPR × 12 / 6
= 11.51% × 12 / 6
= 11.51% × 2
= 23.01%
Annualized Rate = 23.01%
Answer:
Future Value= $53,635.17
Explanation:
Giving the following information:
Since your birth, your grandparents have been depositing $ 100 into a savings account every month. The account pays 9% interest annually.
First, we need to calculate the monthly interest rate:
Real interest rate= 0.09/12= 0.0075
Now, using the following formula, we can calculate the future value:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit= 100
n= 18*12= 216
i= 0.0075
FV= {100*[(1.0075^216)-1]}/0.0075
FV= $53,635.17