Answer:
$5,600
Explanation:
The computation of the call options worth is shown below:
= (Stock selling price - strike price) × size × number of contracts purchased
= ($77 per share - $70 per share) × 100 × 8 call contracts
= $7 per share × 100 × 8 call contracts
= $5,600
We assume the size is 100
All other information which is given is not relevant. Hence, ignored it
The correct option is, (d) smaller, greater.
- The LM curve is steeper the smaller the interest sensitivity of money demand and the greater the effect of income on money demand.
<h3>What does a steeper LM curve mean?</h3>
- The LM curve will be steeper if the income-elasticity of the demand for money is higher and the interest-elasticity is lower.
- The LM curve is virtually vertical when the demand for money is generally indifferent to the interest rate.
<h3>What causes the LM curve to shift?</h3>
- The LM curve shifts right as a result of monetary stimulation, or boosting the money supply, leading to higher output and lower interest rates.
- The IS curve is shifted to the right by fiscal stimulus, or boosting government spending and/or lowering taxes, which raises interest rates while driving up output.
<h3>What is income sensitivity of money demand?</h3>
- The greater the interest rate, as the minus sign suggests, the more likely people are to invest their money rather than have it available for consumption.
- The income sensitivity of real money demand and the interest sensitivity of real money demand are the two variables that are regulated by sensitivity coefficients.
Learn more about LM curve here:
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Answer:
Four (4)
Explanation:
The normal balances of the listed accounts are as follows.
Accounts Payable: credit balance
Cash: debit balance
Prepaid Rent: debit balance
Common Stock: credit balance
Salaries Payable: credit balance
Equipment: debit balance
Supplies: debit balance
Rent Expense: debit balance
Four of the eight accounts have credit balances.
Answer:
Positive deviance
Explanation:
Positive deviance is a methodology that is used by individuals who are associated with Eco-terrorism. They utilize radical criminal acts to spread their ecological philosophies. These individuals generally look for ratification of other people who share similar philosophies. These criminals believe that they will be viewed as heroes, and their actions will be seen as positive deviance.
