1. The rate of return for each year is 4.05%
<span>2010 $100 $4 => 4%
2011 $110 $4 => 3.6%
2012 $90 $4 => 4.4%
2013 $95 $4 => 4.2%
Average is 4.05%
2. The dollar-weighted rate of return is
-3(4%) - 2(3.6%) + 1(4.4%) + 4(4.2%)
14.75%</span><span /><span>
</span>
Answer:
The M2 for October 2010 is $4.4145 trillion
Explanation:
In this question, we are asked to calculate the value of M2 for the month of October 2010. We use a mathematical approach for this;
Mathematically:
M2 = M1 + Savings deposits + Money market funds + Certificates of deposit + other time deposit
We identify the parameters in the question as follows:
Savings deposit = $989.4 billion
Money Market funds = $1.9423 trillion
Certificates of deposit = $345.6 billion
Other time deposit = $243.8 billion
M1 = $893.4 billion
We thus calculate M2 as = $989.4 billion + $1.9423 trillion + $345.6 billion + $243.8 billion + $893.4 billion = $4.4145 trillion
The way Gilberto prepared hes speech for his art history course (presentation and plans from a brief set of note cards) states that he is using extemporaneous delivery. This type of speech delivery <span>is usually given from brief notes or a speaking outline and it is an effective </span>way to hold the interest of and motivate an audience.
Answer:
The cross price elasticity of demand measure how sensitive is the demand of the product X is due to the change in the price of the product Y.
The formula is stated as: Percentage change in the quantity demanded of product X / Percentage change in the price of product Y.
Further, cross price elasticity can be divided into Positive, negative and zero.
Hope this clears things up.
Good Luck.
