Answer:
The correct answer is letter "B": the price is relatively unimportant in allocating resources.
Explanation:
Centrally planned economies or command economies are those managed by the government that dictates production quotas and distribution levels and determines prices. Private ownership is null in centrally planned economies since the government is the owner and distributor of land, labor, and capital.
<em>Allocation price is irrelevant when it comes to command economies since only those vital goods such as staples are paid attention.</em>
Answer:
a. 4.89%
b. 5.23%
Explanation:
We use the rate formula which is shown in the attached spreadsheet
Given that,
Present value = $2,000 × 108.96% = $2,179.20
Future value or Face value = $2,000
PMT = $2,000 × 5.7% ÷ 2 = $57
NPER = 16 years × 2 = 32 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this,
a. The yield to maturity of the bond is 4.89%
b. The current yield would be
= 57 × 2 ÷ $2,179.20
= 5.23%
Answer:
Please find the attached file for the complete solution:
Explanation:
I would say this is false. Some companies today use the hover boards to get around the office. Also Computers replaced stacks of paper. Cell phones also changed how people talk not only in everyday life but also in the environments of workplaces.
Answer:
C) using his family home as collateral for a loan
E) mortgaging his factory building
Explanation:
Mr. Jones property rights include his family home and his factory building, and he is taking loans using both of them as collateral.
A: If someone sells a house or an apartment, they transfer their property rights.
B: If his company issues shares, they are not getting a loan, they are increasing their equity.
D: If someone withdraws money form a CD, they are not getting a loan.