This is an example of assimilation.
These Asian youths are watching American shows and starting to include the behaviors they see into their own everyday lives. They are assimilating into the culture they are observing, which can be either a good thing or a bad thing, depending on the level of assimilation.
<span>Present
value is the current value of a future sum of money. Present value of money is
used to compute the time value of money. It is also known as ‘present discounted
value’ or ‘discounted value.’ It is the worth of money now to be paid in series
of payments at a certain interest rate to arrive at the future value.</span>
Answer:
B. The portfolio expected rate of return must be the same for each economic state.
Explanation:
Variance formula = sum of (probability x (r - mean)^2)
r= expected return
if the expected return would be same for each economic state then the mean would equal to expected return which ultimately will give variance zero ( as r-mean would be 0).
Hence the correct option is B. The portfolio expected rate of return must be the same for each economic state.
The cycle of money where it results to profits for business
and salaries for workers are when we pay money for the services or things that
we buy and this ends when we receive the items and services we need. Cash
conversion is also another term for this cycle.
