Answer:
D. Fiat money is backed by a commodity.
Explanation:
Fiat money is legal tender issued by a government that is not backed by a commodity such as gold. The issuing government backs fiat currency. The government though the central bank has better control of fiat money as it is the issuer. The value of a fiat currency depends on the stability of the issuing government, and its supply and demand.
Fiat currency differs from commodity money, which is currency backed by commodities such as gold or silver. Currently, the Us dollar, the Euro and a majority of world currencies are fiat money. Before 1971, the US dollar was commodity money backed by standard gold.
Answer:
The current dividend per share = 1.89
Explanation:
13% = {[Dividend * (1 + g)] / $31} + g
g = 13% / 2 = 6.5%
13% = {[Dividend * (1 + 6.5%)] / $31} + 6.5%
6.5% = Dividend * (1 + 6.5%)] / $31
$31 * 6.5% = Dividend * (1 + 6.5%)
$2.015 / 1.065 = Dividend
Dividend = $1.89
Answer:
CHECK THE EXPLANATION.
Explanation:
A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning whereas a mixed economy is an economy organized with some free market elements and some socialistic elements, which lies on a continuum somewhere between pure capitalism and pure socialism. ... Mixed economies socialize select industries that are deemed essential or that produce public goods.
Answer:
"Let me show you a trick that will save you some time and effort"
Explanation:
Based on the scenario being described within the question it can be said that the most effective form of feedback would be by telling the coworker "Let me show you a trick that will save you some time and effort". This statement will help the co-worker increase his/her efficiency as well as increase self esteem and your bond as co-workers.
Answer: See explanation
Explanation:
a. This is a balanced budget. A balanced budget is when the government expenditure and the revenue generated are thesame. In this case, government expenditure (G) and revenue gotten from taxes (T) are both 2000.
b. The equilibrium value of Y will be:
Y = C + I + G
Y = 250 + 0.75(Y - 2000) + 750 + 2000
Y = 250 + 0.75Y - 1500 + 750 + 2000
Y - 0.75Y = 1500
0.25Y = 1500
Y = 1500/0.25
Y = 6,000
c. The value of the autonomous consumption (c0) will be:
c0 = 250
d. MPC = 0.75 ,
Note that MPS = 1 - MPC
= 1 - 0.75
= 0.25
e APC = C/YD
= 3250/4000
= 0.8125
APS = S/YD
= 750/4000
= 0.1875
f. Private Saving = 750
Public saving = 0
Then, the National Saving will be:
= Public savings - private savings
= 750 - 0
= 750