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3 years ago

A recurring theme in economics is that people:

Business

2 answers:

forsale [732]3 years ago

5 0

Answer:

The correct answer is letter "D": Have unlimited economic wants, but limited resources.

Explanation:

Scarcity <em>is the major economic problem by which individuals have unlimited wants but depend on limited resources to fulfill them</em>. That scenario pushes people to make trade-offs, meaning to sacrifice the satisfaction of part of a need so other desire can also be covered. Due to scarcity, individuals must find ways to allocate their resources efficiently.

Leni [432]3 years ago

3 0

Answer:

D. Have unlimited economic wants, but limited resources

Explanation:

Economics studies human behaviour in relation to ends and scarce means. Wants are unlimited but the resources to satisfy these wants are limited hence the resources are used to meet the unlimited wants in order of importance (scale of preference).

The wants forgone are known as the opportunity cost of the wants that are satisfied with the limited resources.

Hence a recurring theme in economics is that people have unlimited economic wants, but limited resources.

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You purchased a share of stock for $50. Two years later you received $2 as dividend and sold the share for $59. What was your ho

grigory [225]

Answer:

The answer is =22%

Explanation:

Holding period return is the total return from asset or investment portfolio over a period of time. Holding period return is expressed as a percentage.

Its formula is:

[(value at the end of the period- original value) + income or dividend]/ original valuex 100

[2 + (59 - 50)] / 50x 100

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11/50 x 100

=22%

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3 years ago

Select all that apply.

labwork [276]

5 is the correct answer

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3 years ago

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Dmitriy789 [7]

Answer:

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2 years ago

a semiannual interest of 3.5%. Any money he invests would have to be left in the fund for at least five years if he wanted to wi

Lemur [1.5K]

Answer:

Results are below.

Explanation:

Giving the following information:

The semiannual interest of 3.5%.

A) We need to calculate the nominal interest rate:

Nominal interest rate= 0.035/2= 0.0175

B) Real interest rate:

Real interest rate= (1.0175^2) - 1= 0.03531

It compounds interest twice a year. Therefore, is higher

C) Investment= $8,000

We will use the following formula:

FV= PV*(1+i)^n

n= 10

i= 0.175

PV= 8,000

FV= 8,000*(1.0175^10)

FV= $9,515.56

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