In the scenario, in which, Tomas behaves in a loving manner toward his grandmother, but when she is not looking he regularly takes her credit cards from her purse and makes unauthorized purchases means that Thomas is engaged in material exploitation of his grandmother. It is a financial abuse, because Thomas steels money from her.
Answer: 0
Explanation:
Firstly, we will calculate the nominal value in 2015 which will be:
= $500 x 1 million
= $500 million
The nominal value in 2016 will be:
= $1000 x 1 million
= $1 billion
Real GDP will be the price of the base year multiplied by the quantity of the current year which will be:
= $500 million x 1 million sets
= $500 million
Therefore, the increase in real GDP is zero.
C. businesses are likely to fire older workers. They are paid higher, due to working many years. Its cheaper to higher new young people at a much lower pay to save money for the company. Older people may not have went to college, but have learned the job by doing it for so many years. Companys now want to have a college degree to work for them. The union protects the older worker, so the company can not suddenly change the rules and force the worker out. They have to offer to let the older worker go back to school to earn the degree required.
Answer:
monopoly, but self-interest often drives them closer to the competitive outcome.
Explanation:
An oligopoly exists when a small number of firms control the resources and price in a market.
They tend to stop each other from having significant influence in the market.
Because of this self interest their monopolistic attribute tends to become more towatds a competitive outcome.
So no one firm has the monopoly of the market rather influence is shared
Answer:
corporate finance
capital markets
investments
Explanation:
Corporate finance is a branch of finance that is concerned with how companies manage their sources of funds, capital structure and make investment decisions.
Ethan must make a decision on how to minimise cost so as to acquire more assets. the purchase of asset is an investment decision. the area of finance here is corporate finance.
Capital market is a market where buyers and sellers come together to buy and sell financial securities.
There are two types of capital markets :
- Primary market - new issues of stocks and securities are traded in this market.
- Secondary market -previously issued securities are traded in this market.
Radford is selling a newly issued common stock. He is engaged in the primary market of the capital market
Investment is an asset purchased that has the potential to increase wealth or income of the purchaser.
For example, the purchase of of securities has the potential to increase the wealth of the holder.
Aakash is involved in investment