Answer:
4. free-market economy
Explanation:
Free-market economy -
A free market refers to the economic system which depends on the demand and supply , where the control of government is nil , is referred to as free - market economy.
It helps to provide all the voluntary exchange occurring in the economy.
The range of the free market economy of a particular country , is present in between very large or completely black market.
Hence, from the given statement of the question,
The correct term is free - market economy.
The net short term capital loss for Elliott for 2021 will be $(2100); and the net long term capital gain will be $9,300.
<h3>What is capital gain?</h3>
The gain or positive returns made on the investment or engagement of money during a particular period is known as a capital gain. A short term capital gain is derived within 1 year; and long term is more than a year.
Hence, the capital gains and losses made by Elliott are aforementioned.
Learn more about capital gain here:
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Answer: 52.51 rupees/dollar
Explanation:
The real exchange rate attempts to account inflation in the countries being compared by using prices in the exchange rate.
The formula for calculating it is;
Real exchange rate = Nominal exchange rate *(Price index of domestic country/Price index of foreign country)
Real exchange rate in 2014 = 57*(99.5/108)
= 52.51 rupees/dollar