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tester [92]
3 years ago
9

You purchased a ticket to the musical Hamilton through a verified reseller for $457.00. When your ticket arrives, you see that t

he face value printed on it is $259.00.
Which of the following is correct?
a.The rate in the secondary market is below the equilibrium price because it falls below the face value.
b.The rate in the secondary market is above the equilibrium price because it exceeds the face value.
c.The face value is above the equilibrium price because the rate in the secondary market is below the face value.
d.The face value is below the equilibrium price because the rate in the secondary market exceeds the face value.
Business
1 answer:
Anton [14]3 years ago
5 0

Answer:

d.The face value is below the equilibrium price because the rate in the secondary market exceeds the face value.

Explanation:

Equillibrumnprice is defined as the price at which a buyer is willing to buy and a seller is willing to sell a product.

The buyer is willing to buy the ticket at $457 and the reseller also wants to sell at that price, so this is the equillibrum price.

The face value is $259 so it is less than the equillibrum price.

The rate in the secondary market is determining equillibrum price in this case.

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goblinko [34]

Answer:B It thought that unemployment was a greater problem than the rising inflation rate

Explanation:

Inflation is the continuous rise in price of goods and services which is as a result of large volume of money in circulation used for the few available goods and services.

Unemployment is a situation where all that are willing and capable of being employed are unable to get employment.

In the above scenario lowering Interest rates will increase the volume of money in circulation which will invariably increase inflation and we equally increase level of investment as the cost of fund will be cheaper thereby lowering unemployment.

This action means unemployment is of greater problem than rising inflation.

It does not mean inflation is of more concern than unemployment otherwise it will have increase the interest rate, it will make loanable fund demanded to exceed supply and the quantity of money in supply will increase.

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NikAS [45]

The analytical decision-making process Kendra's idea exemplifies.

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Those decision-makers are assignment-oriented but have a high tolerance for ambiguity.

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6 0
1 year ago
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rjkz [21]

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3 0
3 years ago
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Deffense [45]

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Read 2 more answers
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Vitek1552 [10]

Answer:

c. a letter that falsely claims the writer represents a foreign bank.

Explanation:

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So the clearing house scam includes the victim that collect the letter in which there is false claims where the writer shows the foreign bank

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