Answer and Explanation:
The computation is shown below:
The Price level in the normal case
= Money supply ÷ Real GDP × Velocity
= $6,000 ÷ 10,000 units × $5
= $3
Now in the case when the money supply doubled i.e $12,000
So, the price level is
= Money supply ÷ Real GDP × Velocity
= $12,000 ÷ 10,000 units × $5
= $6
When the money supply doubles, the price level is also doubled that indicated the direct relationship between the price level and money supply
Answer: No, because of the integration clause
Explanation:
Based on the information given, the buyer isn't correct as a result of the integration clause.
The integration clause, is a clause in a written contract that stipulates that a particular contract is complete and that the parties involved agreed to the contract and it's final.
This contract supersedes every other informal understandings and all other oral agreements relating as well. Therefore, the buyer is liable for the cost of the boat.
Answer:
not good and inappropriate for this type of client.
Explanation:
AAA-rated municipal bonds generally yield very low interest rates and if this client is very young (only 25 years old), doesn't have a lot of money, and has an aggressive growth objective, he/she should invest in more riskier securities that can possibly yield higher returns, e.g. stock market. This client needs higher returns, and investing in low risk and low return securities will not be suitable for him/her. This type of investment is best for retired people that actually have accumulated a large capital.
Answer:
Common evaluation criteria include: purpose and intended audience, authority and credibility, accuracy and reliability, currency and timeliness, and objectivity or bias.
Explanation:
Answer:
A. $5.6 million
Explanation:
Value at risk is the minimum value of portfolio that is considered to lose in case of certain event or volatility. There are two assets in the given scenario and both of them have worth of $10 million. The correlation between them is 0.1 which means there is low strength relationship between the two assets. The value at risk can be found by:
($10 * 5% * 20%) + ($10 * 16% * 25%) * log 1.65
= 5.6 million
