Answer:
B) achieving political and economic unity
Explanation:
The goals of mercantilism were to increase the wealth of the government (accumulate gold and silver) by controlling economic affairs, and ultimately increasing the power of the nation (both economic and military). You must remember that mercantilism was popular during the 17th and 18th century when democracy didn't exist, and the Kings and Queens were eager to increase their personal wealth, power and greatness.
Answer:
2. For Joe income effect dominates while for Adam substitution effect dominates
Explanation:
Income effect refers to change in the real i.e inflation adjusted income when prices change.
In the given case, Joe works at two jobs which means that for a greater income he is willing to work for more hours. Thus, in his case it can be said that income effect is prominent.
In the case of Adam, he works overtime regularly which means for every extra hour of work, he earns an extra income. This represents change in the relative income owing to change in working habits. This is a case of substitution effect.
Answer:
$38.45
Explanation:
Data provided
Next year dividend = $3.23
Required rate of return = $12%
Growth rate = 3.6%
The solution of the stock price is shown below:-
Stock price = Next year dividend ÷ (Required rate of return - Growth rate)
= $3.23 ÷ (12% - 3.6%)
= $38.45
So, we have solved the stock price with the help of above formula.
The correct answer is A. Table Object > Excel Spreadsheet
