Answer: D
Explanation:
When country abandons a no-trade policy in favor of a free-trade policy. as a result, the domestic price of beans increases to equal the world price of beans, then at the world price, the quantity of beans supplied in that country exceeds the quantity of beans demanded in that country. that country becomes an exporter of beans, that country has a comparative advantage in producing beans.
Socialism is a socio-economic system in which property and the distribution of wealth are controlled by the community for the purpose of achieving social and economic equality.
The correct answer is c - socialism.
This is the only possible correct answer. All of the other ones don't come into question. Communism is similar, but has slight differences in that sense which prohibit it from being correct.
a. Approximate real rate of interest 4.23%
b. Exact real rate of interest 2.78%
a. Calculations to determine the approximate real rate of interest in percent.
Using this formula
Approximate real rate of interest=Risk free rate - Inflation rate
Let plug in the formula
Approximate real rate of interest = 9.44% - 5.21%
Approximate real rate of interest = 4.23%
b. Calculations to determine the exact real rate of interest in percent
Using this formula
Exact real rate of interest= (Risk free rate-inflation) / (1+inflation)
Let plug in the formula
Exact real rate of interest= (9.44% - 5.21%) / (1 + 5.21%)
Exact real rate of interest=4.23% / 1.521%
Exact real rate of interest= 2.78%
Inconclusion:
a. Approximate real rate of interest 4.23%
b. Exact real rate of interest 2.78%
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Answer:
in explanation
Explanation:
Reproduction may be asexual when one individual produces genetically identical offspring, or sexual when the genetic material from two individuals is combined to produce genetically diverse offspring. Asexual reproduction in animals occurs through fission, budding, fragmentation, and parthenogenesis.
