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siniylev [52]
3 years ago
7

A(n) ________ is a system based on a dominant ideology involving the widely shared belief that all people have an equal chance o

f succeeding economically based on their hard work and skills.
Business
1 answer:
sammy [17]3 years ago
5 0

Meritocracy is a system based on a dominant ideology involving the widely shared belief that all people have an equal chance of succeeding economically or a political philosophy stating that power should be vested in individuals based on their hard work and skills.

 





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The National Insurance Corporation has​ $1,000 par value bonds with a coupon rate of​ 8% per year making semiannual coupon payme
Reil [10]

Answer:

YTM is 9.625%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $1,000

Coupon payment = $1,000 x 8% = $80/2  = $40 semiannually

Selling price = P = $876.40

Number of payment = n = 12 years x 2 = 24

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [ $40 + ( 1000 - 876.4 ) / 24 ] / [ (1,000 + 876.4 ) / 2 ]

Yield to maturity = 9.625%

5 0
3 years ago
Shawna had a beginning balance in her checking account of $123.32. she wrote check #2341 for $23.77. she deposited two checks to
weqwewe [10]

Answer: $449.53

When Shawna wrote a check for $23.77, the same amount was deducted from her bank account, decreasing her balance to $99.55.  When she deposited two checks totaling $349.98, the amount was added, making her new balance increased to $449.53.


5 0
4 years ago
The price index was 150 in the first year, 142.5 in the second year, and 138.2 in the third year. The economy experienced:______
Maslowich

Answer:

The correct answer is:

5.0 percent deflation between the first and second years, and 3.0 percent deflation between the second and third years. (a)

Explanation:

to calculate the percentage deflation, we will simply calculate the percentage change in price between the years stated. This is calculated as follows:

% change = \%\ change = \frac{P_2 - P_1}{P_1} \times 100\\where:\\P_1 = initial\ price\ index\\P_2 = New\ price\ index\\for\ first\ and\ second\ years\\\therefore \%\ change = \frac{142.5 - 150}{150} = \frac{-7.5}{150}= -0.05  \times 100 = -5\%\\

Note that the negative sign shows a deflation.

if you use the same method for years two and three, you should get -3%, using P₁ as 142.5 and p₂ as 138.2. Hence option 'a' is correct.

7 0
3 years ago
1. A metal box of weigh 20 N rests on its 1 m by 0.6m side on floor. How
BARSIC [14]

answer:

explanation: Pressure = force / area

P = 20/ 1×0.6

P = 20/0.6

P = 33,33 N/m^2

4 0
3 years ago
Define the marginal cost and marginal benefit and describe the role they play in making a
olga2289 [7]

Answer:

See below

Explanation:

Marginal cost is the expense associated with the production of an extra unit. It is the cost incurred by a business should it produce one more unit.

Marginal benefit is the gain resulting from the sale of one more output. It is the revenue earned from the sale of an extra unit of output.

Marginal benefit is compared to marginal cost to determine if producing and selling an extra unit is profitable or not. If the marginal benefit is greater than marginal cost, selling an extra unit is profitable. In making economic decisions, production should continue as long as the marginal benefit is greater or equal to marginal cost. It must stop when marginal cost is more than marginal benefit.

6 0
3 years ago
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