Answer:Only statements I, II, and IV are correct.
Explanation:Poverty is a term used to describe the lack of financial resources and other essential facilities that are needed to ensure a good standard of living. Certain factors predispose people to poverty,this factors include Education,Age,Ethnic group etc.
In the United States of America people with the following traits are more likely to be below the poverty line.
1) Very young or very old populations.
2) Very likely to be a person of a minority ethnic group or "a person of colour", such as African Americans, Hispanics etc.
3) They are more likely to be of low education levels or attainment.
Answer:
A portfolio consists of 40% in Security A and 60% in Security B. The covariance matrix for A is 144, 225; for B is 225, 81. The standard deviation for the portfolio is <u>12.7</u>
Option D is correct
Explanation:
Wa: 0.4
Wb: 0.6
a^2: 144
b^2: 81
Cov(a,b): 225
Portfolio Variance:
: (0.4*0.4*144) + (0.6*0.6*81) + (2*0.4*0.6*225)
: 160.2
Portfolio Standard Deviation: 12.7
<span>Public goods are goods which are non-excludable (no one can be denied from using it) and non-rival (use by one wouldn't affect the consumption by another).
Because of this, people want to use the good but not pay for it as they know, once the good is provided, they can't be excluded from using it. This is called Free riding.
Private companies will not be able to tackle the problem of free riding as they won't know what rate to charge and how to make everyone pay.
Govt. can, however do this easily.</span>
Answer:
$0
Explanation:
Under the new IRS regulations applicable since 2018, meals and entertainment expenses are no longer deductible. Until 2017, businesses could deduct up to 50% of the costs of meals and entertainment. A few exceptions still apply but are very specific (e.g.regarding public charities, or company picnics) but none apply to dinners at a nightclub.
<span>It is less important to account for factors like warranties and durability when purchasing a C. nondurable good.
Durable good, long-term product, and a very expensive product require you to have warranties and durability because then you can have it fixed if they get broken. However, with nondurable good, you already know that it isn't going to last long, so there is no need for such things.
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