Answer:
The investment club is not a restricted purchaser and may buy the IPO
Explanation:
In the financial market a restricted purchaser is someone that has has direct engagement in a business or who has affiliates that are directly engaged in the business that wants to sell securities.
In this scenario a restricted purchaser will be someone that has direct business engagement in the representative firm. Since this is not so the president of the investment firm is free to purchase the IPO.
An Initial Public Offering is when a companies decides to make its shares available to the public for the first time.
Answer:
C) The Japanese will sell steel at a lower price abroad than they will charge domestic users.
Explanation:
Since the price elasticity of demand (PED) is higher abroad than in Japan, by exporting at a lower cost, the company is increasing the quantity exported in a greater proportion than it would if it sold the steel locally.
Price elasticity of demand (PED) measures how much does the quantity demanded of a good changes in proportion to a change in its price. For example, if the price increases by 10% but the demand only decreases by 5%, the PED is inelastic (= 5% / 10% = 0.5).
When
- PED < 1, it is inelastic
- PED > 1, it is elastic
- PED = 1, it is unitary
The combination of expansionary monetary policy and a self-regulating economy will cause real GDP will rise to the level above natural real GDP and the recessionary gap would hence turn into an inflationary gap situation.
<h3>What do you mean by monetary policy?</h3>
Monetary Policy refers to the control of the quantity of money available in an economy through which new money is supplied.
The self-regulating economy experiences a recessionary gap. The real GDP is less than the level of natural real GDP. The gap is been corrected by the rightward shift in the short-run aggregate supply curve.
Due to interplay, real GDP will rise to the level above natural real GDP and the recessionary gap turn into an inflationary gap.
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Answer:
Option (B) is correct.
Explanation:
Food is produced by the agricultural workers or farmers and sold in the market. Now, holding the other things constant, if there is a fall in the price level of food then as a result there is a fall in the real wage of the agricultural workers because of the reduction in the wages as selling price of their product decreases.
This will also lead to a reduction in employment of agricultural workers because of lower real wage.
The only complete sentence is "Later, he called his portfolio manager."
<h3>What is a phrase?</h3>
A phrase can be defined as a group of words that forms the component of a clause and act together as a conceptual or grammatical unit. This ultimately implies that, a phrase typically represents an incomplete sentence.
<h3>What is a sentence?</h3>
A sentence can be defined as a group of words or phrases that comprises a subject and predicate, which are typically used by a writer or speaker to convey a logical information about a subject matter to an audience (readers or listeners).
In this scenario, we can reasonably infer and logically deduce that the only complete sentence is "Later, he called his portfolio manager." because it comprises a subject and predicate.
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