13. Which of the following is NOT used to describe the state of an economy?

Currency traders buy on margin so they can do which of the following

Andreyy89

So they can gain profits with their choosen currencies, if the currency that they choose, raising, they gain profits

3 0

3 years ago

Were Social Security and Medicare the largest contributors of revenue for the federal government in Fiscal Year 2019? Explain.(1

Bingel [31]

It is false because the individual income taxes contributed about $1.718 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $1.242 trillion.

<h3>What is an Income tax?</h3>

These are tax imposed on earned income by people in a country while the Social Security and Medicare taxes are imposed on people income while working as well.

However, the individual income taxes contributed about $1.718 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $1.242 trillion.

Therefore, the Option C is correct.

Read more about Income tax

brainly.com/question/26316390

#SPJ2

5 0

2 years ago

Read 2 more answers

After finishing college, Nathan joined his uncle's company in Miami, FL, a company that buys bauxite, copper, and other minerals

julsineya [31]

After finishing college, Nathan joined his uncle's company in Miami, FL, a company that buys bauxite, copper, and other minerals from the country of Chile, and brings them into the U.S. Everyday, he brokers trades with mines in Chile. His uncle's company is in the export-The statement is False

Explanation:

From the information given in the question it is clear that company that buys bauxite, copper, and other minerals from the country of Chile, and brings them into the U.S.-So Nathan uncles company is an importer of bauxite, copper, and other minerals

The term importer refers to the country who imports goods and service from other countries.

For Example :India imports Oil. ,precious stones,Electronics,Heavy machinery,Organic chemicals,Plastics,Animal and vegetable oil,Iron and Steel.

Exporting means goods and services which are produced in one country are purchasedby other countries.

5 0

3 years ago

Read 2 more answers

Investment A produced annual rates of return of 4%, 8%, 14% and 6% respectively over the past four years. Investment B produced

Ghella [55]

Answer:

A

Explanation:

The investment A was more risky, but in general they were both pretty much a risk.

With both having a produced annual rates of return in under 10%

Reason for A being the riskier is that his annual rate of return in average was 8%, while B's annual rate was 9%

Difference may seem small, but for bigger investments 1% can be a deal breaker.

8 0

3 years ago

You own one call option with an exercise price of $30 on Nadia stock. This stock is currently selling for $27.80 a share but is

Shalnov [3]

Answer: 0.755

Explanation:

From the information given, the current per share value of the option if it expires in one year will be calculated as follows:

Firstly, we calculate the present value which will be:

= $28 / ( 1 + 0.05 )

= $28/1.05

= $26.667

The number of options needed will be:

= ( 34 - 28 )/ ( 4-0)

= 6/4

= 1.5

Therefore,

27.80 = (1.5 x Co) + [28 / (1+0.05)]

27.80 = 1.5Co + (28/1.05)

27.80 = 1.5Co + 26.667

1.5Co = 28.0 - 26.667

1.5Co = 1.1333

Co = 0.755

Therefore, the answer is 0.755

5 0

3 years ago