Answer:
10.24%
Explanation:
We can use fisher formula to calculate the real rate of return. The fisher equation is given as under:
(1 + i) = (1 + r) * (1 + h)
Here
Nominal Interest Rate is i
Real Interest Rate is r and is 6%
And Current Inflation Rate is 4%
By putting values, we have:
(1 + i) = (1 + 6%) * (1 + 4%)
(1 + i) = (1.06) * (1.04)
(1 + i) = 1.1024
i = 1.1024 - 1 = 10.24%
The nominal interest rate that I would suggest is 10.24%.
Answer:
Price Elasticity of Supply = 2.40
Explanation:
Price Elasticity of Supply is buyers' responsive change in quantity supplied due to change in Price.
P Es Formula = % change in quantity supplied / % change in price.
Given : % change in supply = 53 ; % change in price = 23
So, P Es = 53 / 23 = 2.40
% change in supply > % change in price & supply is > 1 . So, Supply is Elastic.
Answer:
Management Science
Explanation:
The administration and management sciences are action and decision sciences, which are supported and articulated in the disciplines of exact sciences and human sciences
The administration and management sciences group disciplines such as finance, human resources, marketing, accounting, information systems, logistics, entrepreneurship, organizational theory, business strategy, marketing strategy, etc.
Sorry this description is a bit confusing but i couldn't really think of a way to phrase it properly :)
most economists believe that deregulation has the potential to be helpful because the fact that things aren't regulated by the government increases competition in people selling the same wares, which normally ends up lowering the price of that specific good and/or improving the quality of the good drastically (which means more people will be buying, it whatever it may be, which is good for the economy)
Answer:
Yes, because the statement was false.
Explanation:
Breach of warranty is defined as a misrepresentation of the quality or type of a product. The seller fails to fulfil a promise or claim made during a transaction.
When a good is being sold there are certain assertions which the seller must stand behind.
In this scenario Mark tells Leslie that his stereo has quadraphonic speakers because he was told that when he bought it.
The fact that the stereo did not have quadrophinic speakers should have been discovered and stated by Mark. The misinformation he got when buying the stereo does not clear him of breach of warranty
