Answer:
The 1-day rate of return on the index = 5.36%
Explanation:
Index Value = Sum of (Outstanding Shares*Share Price)
q p mv q1 p1 mv1
640,000 16 10240000 640000 20 12800000
540,000 24 12960000 540000 22 11880000
240,000 55 <u>13200000</u> 240000 57 <u>13680000</u>
<u>36400000 </u> <u>38360000</u>
Note: q/q1 = no of shares, p = price per share, mv/mv1 = market value, p1 = changed price per share
Return = (Index Value Today - Index Value Yesterday)/Index Value Yesterday
Return = (38360000 - 36400000) / 36400000
Return = 0.05385
Return = 5.36%
Answer:
Telltale signals indicating a readiness to buy include questions , financial negotiation, and counteroffers answers
Explanation:
The closing stage of a business is the last stage of closing out a sales process after going through the approach , discovery,presentation and handling objection stages
At this point , every effort has been made to convince a potential client in buying the offered product and a response is keenly expected from him .The benefits of the purchase can still be reassured to him in a closing remark with with powerful words of conviction.
At this point , the seller should look out for the telltales signal of purchase in order to determine his next line of action.
Answer: less, less
Explanation: considering the relationship that exist between the price level and the quantity of money that people demand. The lower the price level, the less money the typical transaction requires, and the less money people will wish to hold in the form of currency or demand deposits.
The Right Response is Option C which is Long Term Changes in the Economy.
<h3><u>
Why Did Friedman Argued So?</u></h3>
- The concept of monetarism, which refers to the management of money in the economy, was developed by Milton Friedman. According to Friedman, changes in the money supply can have both long- and short-term consequences.
Friedman suggested that long-term changes in the economy had an impact on consumer behavior. Long-term economic developments have an impact on how consumers behave while making purchases. For instance, if long-term economic trends are favorable, consumer spending will rise; otherwise, it would fall.
Therefore, "long-term changes in the economy" is the right response.
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Correct Question - Milton Friedman argued that consumers are more likely to alter their behavior based on
a) changes in the unemployment rate.
b) short-term changes in the economy.
c) long-term changes in the economy.
d) changes in the inflation rate.
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