Answer:
The answer is B.
Explanation:
The simple circular flow model is also known as two-sector circular flow of income model and the the two sectors are firms and households. There is no government sector or foreign sector.
It assumes that households spend all their income on goods and services produced by firms while the firms spend their income on factors of production (labor, land etc.) which are owned by households.
Therefore, total income received by households will be equal to the dollar value of all goods and services produced.
Which statement is generally true of an investment that is highly volatile but has superior, long-term real rates of return?
<span>
It has low liquidity because selling would often require selling at a loss.
High volatile investments are investments that always fluctuates in the market. It can generate you very high income or very low income. It has low liquidity because when you sell it right away, you tend to sell at a loss.</span>
Answer:
a. How much will Ruby’s IRA be worth when she needs to start withdrawing money from it when she retires?
the future value of Ruby's IRA = $10,000 x 21.725 (FV factor, 8%, 40 periods) = $217,250
b. How much money will she have to accumulate in her company’s 401(k) plan over the next 40 years in order to reach her retirement income goal?
she needs to accumulate $875,000 - $217,250 = $657,750 during the next 40 years
the annual contribution = FV / FV annuity factor = $657,750 / 259.057 (FV annuity factor, 8%, 40 periods) = $2,539.02 per year
Answer:
B. We have every desire and hope of a substantial salary increase.
Explanation:
Prepositions are used along with a noun or a pronoun to indicate a relationship with another word or element in the clause. It makes an idea clearer.
Examples of prepositions are at, for, if, on, in, over, and under.
These are used to describe location time or place. However we should avoid unnecessary use of prepositions.
In this instance the use of for in the following sentence is unnecessary, as 'every desire' is adequate : 'We have every desire for and hope of a substantial salary increase. '
We have every desire and hope of a substantial salary increase. Is a more concise and better option
