Answer: 44%
Explanation:
In probability, Independent event is simply an event that doesn't have anything to do with the occurrence or non-occurrence of another event.
From the question, we are informed that likelihood of Company A's stock price rising is 20%, and the likelihood of Company B's stock price rising is 30% and they are both independent.
Therefore, the probability that the stock price of at least one of the companies will rise goes thus:
P(at least one will rise) will be:
= 1 - P(both fall)
= 1 - [(1-0.20) × (1-0.30)]
= 1- (0.8 × 0.7)
= 1 - 0.56
= 0.44
= 44%
Answer:
The main function of COMMERCIAL banks is to accept deposits and then to lend the same money (minus REQUIRED RESERVES) back out. Banks make a profit by charging a higher interest rate on LOANS than the interest rate they pay on DEPOSITS. Through the loan process, banks are actually able to CREATE/MULTIPLY money.
Explanation:
Commercial banks are financial institutions that engages in accepting deposits from the general population and giving back loans for investment in the sole aim of making profits.
Required reserves is the amount of money a bank must hold in order to meet liabilities when there are sudden withdrawals.
Loans are money borrowed out by a financial institution in exchange for the repayment of the loan plus interest.
Deposits are the total amount of money paid into the bank.
Money creation refers to the increase in amount of money supplied from initial deposit.
Given:
Q0 = 1000 units
Q1 = 1400 units
P0 = $25
P1 = $35
Required:
Price elasticity of Supply =?
Solution:
The price of elasticity of supply is a ratio between the change in quantity demand and the change in pricing. Thus, it can be calculated as:
Price of elasticity of Supply = (Q1-Q0)/((Q1+Q0)/2) ÷ (P1-P0)/((P1+P0)/2)
Subsituting values,
Price of elasticity of Supply = (1400-1000)/((1400+1000)/2) ÷ (35-25)/((35+25)/2)
Price of elasticity of Supply = 1
The correct answer is "doesn't want to learn about the new project at all". Arms being crossed is often perceived as a sign of unwillingness to do something.
Dictionary: Often a book listing the spellings and Definitions of words.
