Answer:
Initial capital $200,000
Period 5 years
interest rate 5%
Interest year 1 $10,000.00
Interest year 2 $10,500.00
Interest year 3 $11,025.00
Interest year 4 $11,576.25
Interest year 5 $12,155.06
Future Value= $255256.31
See the image attached
Answer: a) the price level is less than the expected price level.
Explanation:
When the actual output in an economy is lower then the natural output it is called a Contractionary Gap and the price level will be lower.
This is because the Short Run Aggregate Supply Curve and the Demand curve will intersect at a lesser quantity which will equate to a lower price as well because the economy is producing less and the people are demanding less as well so the point at which they meet will be a lesser price.
There are several situations when the government has to interfere with a pure market outcome. If the price of a product rises without any significant cause or if there is more supply than demand of a market, then the government can put a price ceiling or floor price of a product. This is purely to keep the economy of a country or state stable.
The probability of receiving a merit scholarship according to the scenario defined is 0.23
- Probability of Athletic scholarship, P(M) =?
- Probability of Athletic Scholarship, P(A) = 0.18
- Probability of receiving both, P(MnA) = 0.11
- Probability of receiving atleast one P(AuM) = 0.3
Recall :
- P(AuM) = P(A) + P(M) - P(AnM)
Substituting the values into the relation:
P(AuM) = P(A) + P(M) - P(AnM)
0.3 = 0.18 + P(M) - 0.11
0.3 - 0.18 + 0.11 = P(M)
P(M) = 0.23
Therefore, the probability of receiving a merit scholarship is 0.23
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Answer:
The natural rate of unemployment, is the right answer.
Explanation:
The natural rate of unemployment is the correct answer because an economy operating at full employment level means that it is using all its available resources efficiently but still there are some people who are changing their jobs and also many people who will lose their job due to technological advancement. Thus, the natural rate of unemployment is the sum of frictional and structural unemployment.