Answer:
False. If interest rates are positive, the future value will always be more than the present value.
Explanation:
Future value is given by:
FV = PV
wherein, FV= Future Value
PV= Present Value
i = rate of interest per period
n = number of periods
So, if interest rates are positive, the current investment shall be compounded to arrive at Future value which would turn out to be more than the present value.
For example, $ 100 invested today at 10% per annum, after an year would yield $110. This represents future value.
In case future value is provided as 110$ and rate of interest is given as 10% per annum, such future value discounted at 10% would give $100 today which represents the present value.
Thus, Future value will always be more than the present value if interest rates are positive.
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Answer:
c. there will be a surplus of candy bars.
Explanation:
A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.
If a price ceiling is effective, the price ceiling is set below equilibrium price.
If price is set below equilibrium price, the quantity supplied would fall and this would lead to an excess of demand over supply. Also, scarcity of the product for which a price ceiling has been set would occur.
A black market would occur. There would be a drop in the quality of product as sellers would be trying to maximise profits.
I hope my answer helps you
Answer:
d. mostly relevant to the long run.
Explanation:
In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
Additionally, the rate at which an asset can be used to purchase any goods or services refers to its liquidity. Thus, liquidity is a quality or characteristics of money as a medium of exchange. Therefore, money is a generally accepted medium of exchange around the world.
The three (3) main functions of money all over the world are;
I. Medium of exchange.
II. Unit of account.
III. Store of value.
The principle of monetary neutrality typically based on the idea that changes in any stock of money would affect only nominal variables such as exchange rate, wages and price in the economy of a particular country.
Most economists believe the principle of monetary neutrality is mostly relevant to the long run.
Answer:
Semi-indirect organizational pattern is the answer.
Explanation:
The paragraph uses a semi-indirect organizational pattern. The purpose of the paragraph is to inform other employees about Renalda's contribution to the organization and that she will be leaving the company while in the end it is directly pointed to Renalda herself.