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3 years ago

The belief that everyone should have exactly the same amount of income is

1 answer:

3 0

The belief that everyone should have exactly the same amount of income is B. egalitarian principle.

The official definition of poverty is C. a relative measure.

A straight-line Lorenz curve shows A. an equal distribution of money income.

Which of the following is NOT a correct criticism of the Lorenz curve? D. It does not deal with differences in family size.

The typical age-earnings cycle shows that C. there is a positive relationship between age and earnings that eventually turns into a negative relationship.

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In which of the following situations would the use of temporary workers be most appropriate?

makkiz [27]

Answer: Option D

Explanation: In simple words, temporary workers refers to an arrangement under which an individual is hired to perform a job for a specified period of time as per the needs of the employing organisation.

Hence in the given case, tax preparation company is a suitable form for temporary employees as they have few business clients and that too handled individually.

If some of the clients shifts to another firm then the subject firm can delpoy the temporary worker who was handling such client.

Thus, the correct option is D.

8 0

3 years ago

Research title related to ABM

kow [346]

Answer:

They are: business, marketing, accounting, project management, and human resources.

Hope it helps...

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2 years ago

While preparing a assessment of your job performance the previous year, you are required to list three goals for the coming year

Kisachek [45]

Answer:

Realistic

Explanation:

The acronym "SMART" stands for Specific. Measurable, Achievable, Realistic and Timely. These are criteria that goal setting should adhere to, to ensure that the goal is achieved.

The criteria Realistic in "SMART" emphasizes that a goal that is been set should be realistic and achievable given the available resources and time.

The goal " I will triple sales in my territory by the end of the next fiscal year." is lacking the criteria of been realistic because it doesn't seem achievable within a fiscal year.

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3 years ago

Use what you have learned about wants and needs to complete these statements. frankie already has a pair of basketball shoes tha

Anettt [7]

Need is essential for survival, while wants are a person's desires. The 1st statement explains want and the 2nd need.

<h3>What do you understand by the term need and want?</h3>

A need is something that is required for survival (for example, food and shelter), whereas a want is something that a person would like to have.

Frankie already has a pair of basketball shoes that he can use for the tryout, so the new pair is a Want.
The new shoes would be considered a Need if Frankie did not have a pair of basketball shoes for the tryout.

Therefore, the above statement explains the want and the need.

Learn more about the want and need here:

brainly.com/question/13923283

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2 years ago

A bank has written a call option on one stock and a put option on another stock. For the first option the stock price is 50, the

iris [78.8K]

Answer:

10-Day 99% VaR = 3.61

Explanation:

Data Given:

For First Option:

Stock Price = 50

Strike Price = 51

Volatility = 28% per annum

Time to maturity = 9 months

For Second Option:

Stock Price = 20

Strike Price = 19

Volatility = 25% per annum

Time to maturity = 12 months or 1 year

Risk Free Rate = 6% per annum

Correlation = 0.4

Find 10-day 99% VaR.

Solution:

First of all we need to refer the DerivaGem Model to dig out the change in price equation for both the options.

So, according to DerivaGem Model, We have following data:

For First Option:

Value = -5.413

Delta Value = -0.589

For Second Option:

Value = -1.014

Delta = -0.284

Change in Price = (Delta value of First Option x Stock Price)Y1 + (Delta value of the second option x Stock Price)Y2

Change in Price = (-0.589 x 50)Y1 + (-0.284 x 20)Y2

So, We will get the Change in Price Linear Equation for both the options.

Change in Price = -29.45Y1 -5.68Y2

Now, we have to calculate the Daily Volatility Percentage.

Formula:

Daily Volatility Percentage = Volatility/ Square root of number of days active in annum

Number of Days Active = 252

Volatility for First Option = 28%

Volatility for Second Option = 25%

Daily Volatility Percentage for First Option = 28%/ $\sqrt{252}$

Daily Volatility Percentage for First Option = 0.0176

Similarly,

Daily Volatility Percentage for Second Option = 25%/ $\sqrt{252}$

Daily Volatility Percentage for Second Option = 0.0157

Now, utilizing the above calculated data, we can find the one-day variance of change in price.

1-Day Variance = $(29.45^{2} *0.0176^{2}) + (5.68^{2} * 0.0157^{2}) - (2 * 29.45 * 0.0176 * 5.68 * 0.0157 * 0.4)$

Solving the above equation:

We get:

1-Day Variance = 0.2396

Now, we have to find the standard deviation of 1-Day Variance:

SD of 1-Day Variance = $\sqrt{0.2396}$

SD of 1-Day Variance = 0.4895

So,

Now, in order to find the value of one day 99% VaR from the table, we have all the prerequisites.

So,

Value of One day 99% VaR from table = 2.33

But we need 10-Day 99% VaR.

So, number of days = 10

Hence,

10-Day 99% VaR = $0.4895 * 2.33 * \sqrt{10}$

10-Day 99% VaR = 3.61

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3 years ago