Answer:
I will need to invest 64,669.73 dollars now.
Explanation:
We will calcualte the future value of the cabin considering the inflation:
Principal 150,000.00
time 15 years
inflation 0.04000
Amount 270,141.53
Then we calculate the present value of the lump sum at 15 years discounted at 10% which is the yield of the funds
Maturity 270,141.53
time 15 years
rate 0.10
PV 64,669.73
we would need to deposit 64,669.73 today to get enough cash to purchase the bcabin in 15 years.
There are different types of marketing. In periods of low demand, companies can use direct marketing to target known customers and produce quick results.
Direct marketing is simply known to be a form of advertising that focus on targets of a person or company so as to generate new business, raise the profile of an organization or product and for sale.
This type of marketing channel are emails, online adverts, flyers, database marketing, promotional letters, newspapers, etc.
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<span>A price ceiling would exist on items like the rent for apartments, which some municipalities would place on landlords as a way of making sure people find affordable housing. By setting the price at a maximum, the government has imposed a ceiling above which it is illegal to charge.</span>
Answer:
c. is designed to expand real GDP.
Explanation:
Expansionary fiscal policy is the policy of increasing government spending to stimulate demand and thus expand real GDP.
It is often used when the economy is in recession, where people don't spend so there is not enough demand => cut down in supply (below capacity output/GDP) => job loss => less income => even less spending (demand) and so on.
Answer:
The correct answer is (a)
Explanation:
Market economy is a system where demand and supply determines the production of goods and service. Complete supply and demand is analysed to determine production and prices. In the above scenario, James is following market economy form of production system. This is the best way to examine the production system because market economy is an effective tool to use the available resources.
