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Veseljchak [2.6K]
3 years ago
6

– are illegal markets that emerge in response to price controls. A few buyers are able to obtain the good at the open-market pri

ce; the rest must resort to illegal means. The additional demand is met by – suppliers selling at much – prices.
Business
2 answers:
kirill [66]3 years ago
8 0

Answer:

TRUE

Explanation:

Because the price is below equilibrium the quantity will fall and shortage will ocour. Because of that the price in the black market will become even higher than it was before the price control, making the price control counter productive.

So this additional demand is met at much higher prices than legal market.

lara31 [8.8K]3 years ago
5 0

Answer:

The correct answers are Black Markets, Underground and Higher.

Explanation:

Black markets are illegal markets that emerge in response to price controls. A few buyers are able to obtain the good at the open-market price; the rest must resort to illegal means. The additional demand is met by underground suppliers selling at much higher prices.

Government of a country does not support or encourage such activities. People usually buy such products at market rate when the product is low in demand and sell it in black at higher prices when the demand of the product is high.

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On January 1, 2017, Ellison Co. issued eight-year bonds with a face value of $6,000,000 and a stated interest rate of 6%, payabl
sergiy2304 [10]

Answer:

Bond Price = $5,300,862.264 rounded off to $5,300,862.26

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. Assuming the bond is an annual bond, the semi coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = 6,000,000 * 0.06 * 6/12 = 180 ,000

Total periods (n) = 8 * 2 = 16

r or YTM = 0.08 * 6/12 = 0.04 or 4%

The formula to calculate the price of the bonds today is attached.

Bond Price = 180000 * [( 1 - (1+0.04)^-16) / 0.04]  + 6000000 / (1+0.04)^16

Bond Price = $5,300,862.264 rounded off to $5,300,862.26

8 0
3 years ago
Which events could cause the change in demand shown on this graph?<br><br> Check all that apply.
Kazeer [188]

Answer:

Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions and prices.

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Which of the following is likely to increase a country's gross domestic product (GDP)?
antiseptic1488 [7]

Answer: In macroeconomics, gross domestic product (GDP) is a macroeconomic magnitude that expresses the monetary value of the production of goods and services of final demand of a country or region during a determined period, normally one year or quarterly.

GDP can be measured by adding up all the final demands for goods and services in a given period. In this case, the destination of the production is being quantified. There are four major areas of spending: household consumption (C), government consumption (G), investment in new capital (I) and the net results of foreign trade (exports-imports).

And it can also be measured by adding the income of all the factors that contribute to the production process, such as wages and salaries, commissions, rents, copyrights, fees, interests, profits, etc. The GDP is the result of the calculation by means of the payment to the factors of the production. All this, before deducting tax.

Thus the statements "b. An increase in Social Security expenses" as government expenses, "c. An increase in retirement and pension benefits to elderly citizens" as subsidies or transfers, and " d. An individual receiving an annual performance bonus of $5,000" as financial interest are likely to increase a country GDP.

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NemiM [27]

Answer: Team leader

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A flatter organizational structure is a firm's organizational structure which is tall, mid-sized or flat and is used by many small companies due to lack of manpower.

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